Euraudtrade
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Strong bearish movement right now. Overall in a uptrend but this pair has been choppy.
Sitting on my hands right now for the time being with this pair.
EURAUD Market Outlook | Daily Forex Market BreakdownEA pushing up as previously mentioned. Keeping a sharp eye on EURAUD. Looking VERY good for next week!
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back up a bit, bit choppy today as it has been all week. Expecting possible AUD strength right around the corner. I feel EA is going to push up and test highs before completely rolling over to the downside. Great short opportunity developing.
EURAUD bounced from support, potential for a further rise!
EURAUD bounced off 1.61905 where it could potentially rise further to 1.62699.
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EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back to the upside looking like a decent short opportunity, I am not jumping in yet but I am watching very VERY closely. This is looking really nice, but it will be smart to sit on our hands for the time being.
#EURAUD, The strengthening of the Australian dollarSignificant Decline (H4 Graph Time).
Stochastic with the red line above the blue line (the bear's dominate).
The red line above the green line inside the Ichimoku cloud which is a sign of continued declines.
Target: 1.5980
EURAUD Market Outlook | Alchemy FX Daily Telegram Breakdown.EURAUD
As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short.
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EURAUD Sell PosisibilityWaiting for full breakout the minor trend line. If the price break the line then we can take short position.
EURAUD Market Outlook | Alchemy FX Weekly Breakdown.EURAUD
Clean Head & Shoulders with EA on the daily perspective. EA is looking very bearish on the higher timeframes. On the lower timeframes we appear to be in a slight uptrend still. EA is a bit tricky right now so being adaptable will be key.
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EURAUD Short Trade Opportunity... Full analysis on screenPrice is up against some heavy resistance @1.63 and we can also see that Bearish momentum is increasing so I guess we will see a further decline in Price in the next few days. Crucial is a break of the trend line on the other hand if there is a break of the counter trend line I will close the trade manually. I hope my on screen analysis is clear but if not feel free to ask me in the comments below.
EURAUD reversed from resistance, potential drop!
EURAUD reversed off its resistance at 1.63682 where it could potentially drop further to 1.62797.
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EURAUD ShortHi,
We get a pullback to the 618 level, we are looking for a third bearish leg to the 1272 extension level. Entry on the break of the upward channel. But, was a bit late on this. This is a purely technical setup and will be holding this into the Asian session.
Entry: 161700
Stop loss: 161876
Take profit: 161214
Will be trailing stops to Break Even at the break of the lows.
Buy signal emergingWhen you look on the daily time frame you will note that price is in an up trend:
I am looking to buy in a bullish market, so
1. Nice pullback on D1 after the minor resistance was broken
2. The market is now beginning to test the fibonacci levels
3. Pin bar forming (needs to close as such to confirm)
This setup has to be validated by a price action signal like a pin bar or hammer, bullish engulfing etc.
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
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EURAUD short term buyEURAUD has broken a minor level of resistance and could possibly climb up for a short term. We currently looking for a retracement to a PRZ in order to fall along with the trend
#EURAUD, We have reached a very strategic areaAs you can see in the graph above the euraud has reached a very strong support line.
In the last 3 times that euraud has touched the above support line the price has exploded upwards by 800 pips on average.
Target: 1.6250
EURAUD Weekly Short opportunityEURAUD Weekly Short opportunity
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan.
#EURAUD, The bulls are here to stayA definite upward trend.
After the euraud peaked at 1.66 the currency responded with a normal correction and the euraud stopped just in support in 16343.
If you want to get into a strong trend the ideal price comes after significant 300-pips repairs as in the above case.
Target: 1.6680
