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Euruad

Long EURUAD ( As AUD going under Bearish Correction 1.6650$The trend of EURAUD pair movement was controversial as it took place in a narrow sideways channel, the market showed signs of instability. Amid the previous events, the price is still moving between the levels of 1.6220 and 1.6520 Also, the daily resistance and support are seen at the levels of 0.1.6200 and 1.6500 respectively. 👍 Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. The current rise will remain within a framework of correction and holing long term Trend line. However, if the pair fails to pass through the level of 1.6100, the market will indicate a bearish opportunity below the strong support level of 1.6000 and open downside towards the next support level 1.5800. Since there is nothing new in this market, it is not bullish or bearish yet. If the trend breaks the daily base resistance 1.6350 level the pair is likely to move Upside continuing towards R-1 1.6650 And R-2 1.7100. 🛑SUPPORT/RESISTANCE ✅S1= 1.6000 ✅S2=1.5800 ✴️R1=1.6650 ✴️R2=1.6800 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
Long
by Allmypips
EURAUD signal (LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: 1.623 and put 2 buy limit order on 1.620 and 1.617 targets: 1.645 and ~1.655 after first target reached move ur stop to breakeven stop: ~1.61 (depending of ur risk). ALWAYS follow ur RM . risk profit: 1 to 4.5 Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive
EURAUD Clean Bounce Off Strong Support!!!For EURAUD, I will be mainly looking at 2 important level now: Trend Support and Support Line @1.6078. Rather interesting movement can be see for EURAUD. Today's candle show us a clean rejection off the support level @1.6078 heading towards the bullish side. As for the trend support level, what we saw was a breakthrough off the trend support level, BUT now heading back in trend. Having said that, what we saw was a fakeout from the trend support level and we can clearly see EURAUD obeying its trend BULLISH CLIMB. What will we be looking at now? We will be seeing potential bullish movement to the resistance level @1.6660 where we could see a potential rejection testing back the support level before we see it heading for trend resistance level. Also, if we use fibonacci retracement, we can see that 23.6 fib level is an important level for us to watch out if we will like to see a continuation BEARISH movement where a breakout from trend can be seen. However, having said that, I am BULLISH as of now and trade the short term BULLISH movement before we consider taking a short position at the 23.6 fib level.
Long
by YGForex
EURAUD Obeying Its Boundary!!!! POSSIBLE BULLISH movement...As of now, we can EURAUD rejecting a support level @1.6080 with a nice rejection although price level is outside the trend support and resistance line. If we could see a nice fakeout for EURAUD moving back in trend, we could see a nice buy opportunity with a good risk to reward ratio with EURAUD obeying its support and resistance boundary. However, we have to be aware off possible retest back to trend support level when price level reaches 1.6582 and could possibly close our order when we see a rejection off the resistance level. Having said that, a re entry will also be viable once we see a retest off the trend support level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Long
by YGForex
Don't miss the great buy opportunity in EURAUDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.664). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 1.6876 TP2= @ 1.7010 TP3= @ 1.7315 SL= Break below S2
Long
by ForecastCity
19
EURAUD reaches the Channel TOP once again, SELL?EURAUD has rallied to the channel top driven by the dramatic sell-off in risk assets like AUD. Now, is it possible that we can get a sell entry here? As you can see in the chart, on all the previous occasions, the price dropped after hitting the channel top. So, yes, there is a possibility of a drop. But, for that to happen we need to see improvement in risk appetitive and a healthy correction in the stock markets. If that happens then EURAUD is going to drop.
Short
by YourLazyTrader
21