EUR/AUD Short Trade SetupThe EUR/AUD currency pair has experienced a sharp upward movement, reaching a key resistance level. Given the overbought conditions indicated by the Stochastic Momentum Index (SMI) and historical price action, a potential reversal is anticipated. The trade setup involves entering a short position near the 1.72576 level, with a stop loss set around 1.74375 to manage risk, and a take profit target at 1.63719, aligning with a previous support zone. This setup offers a favorable risk-to-reward ratio if the price follows the expected downward correction.
AUDEUR trade ideas
EUR/AUD Long Setup – 15M ChartPrice is reacting off a key demand zone after a bearish move, showing potential signs of reversal. Entry is based on bullish rejection at support, aligning with the 9 EMA as dynamic resistance turned potential support. Targeting 1.74203 with a stop below the zone around 1.72305, offering a favorable risk-to-reward ratio. Waiting for bullish confirmation to follow through.
EURAUD Swing Trade Recap: 916 Pips SecuredEURAUD Swing Trade Recap: 916 Pips Secured 🚀
📌 Trade Overview:
Entry: 1.64185 (Feb 20, 2025)
Exit: 1.73345 (Mar 13, 2025)
Duration: 21 days
Pips Gained: 916 ✅
Stop Loss: 1.63136
📊 Why I Took the Trade:
Uptrend Confirmation 📈 – Higher highs & higher lows on the daily chart.
Oversold Conditions 🔄 – RSI signaled a potential bounce.
Bullish Pattern 🏆 – Symmetrical triangle breakout on the 4H chart.
🌍 Fundamental Factors:
Eurozone Strength 🇪🇺 – Steady growth & rising employment.
Australian Weakness 🇦🇺 – Market hit by U.S. tariffs & economic concerns.
📉 Why I Exited:
Key Resistance Zone ⚠️ – Price reached a major level at 1.7330.
Risk Management 🎯 – Locked in profits before potential reversal.
💡 Takeaway:
This trade combined strong technical signals with key fundamentals, leading to a high-probability setup. Exiting at resistance secured profits while keeping risk in check. 🔥
#Forex #EURAUD #SwingTrade #TradingStrategy #RiskManagement
EURAUD FORECASTTraders! This pair is looking fantastic due to how the structures develop. It is one of my higher-probability setups. Everything is looking good from the higher timeframe, and we have definitely seen a confirmation in the lower timeframe, which is a tight flag.
But remember guys no matter how good the setup is remember to manage risk! Risk only 1% of your total capital
euraud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURAUD challenging important resistance at 1.7330The EURAUD currency pair maintains a bullish sentiment, supported by the prevailing long-term uptrend. However, recent price action suggests an overextended bullish breakout, approaching significant resistance zones on both daily and weekly timeframes.
The key trading level to watch is 1.7050. A potential overbought pullback from current levels, followed by a bullish rebound from 1.7050, could extend the upside, targeting 1.7320, with further resistance at 1.7676 and 1.7800 over a longer timeframe.
Conversely, a confirmed break below 1.7050, with a daily close under this level, could signal a corrective pullback towards 1.6880 and 1.6800.
Conclusion:
While the broader trend remains bullish, the current overextended move suggests the possibility of short-term retracements. Holding 1.7050 as support will be critical for further upside continuation, while a breakdown below this level could trigger deeper corrections. Traders should monitor price action closely and adjust risk management accordingly.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EUR-AUD Bullish Breakout! Buy!
Hello,Traders!
EUR-AUD is trading in an
Uptrend and the pair made
Made a bullish breakout
Of the key horizontal level
Of 1.7145 which is now
A support then made a
Bullish rebound so we are
Bullish biased and we
Will be expecting a
Further move up
Buy!
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EURAUD continues to flirt with the highest point of 2024We mentioned this pair last week and told you to keep an eye on the highest point of 2024. And there we are, MARKETSCOM:EURAUD is flirting with that area. If we continue to see the rate struggling to remain above that hurdle, there might be a chance for a slight retracement.
What do you think?
Let's dig in!
FX_IDC:EURAUD
Let us know what you think in the comments below.
Thank you.
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EUR/AUD Potential HTF Head Shoulder PatternHi Traders.
Like you see in the chart we see, in the daily time frame a potential HnS Pattern is forming.
At the moment we are still very bullish but we are also at the top of the structure.
So maybe we can expect from here some momentum shift. Wait for some bearish conformation
to confirm this setup
euraud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURAUD Bullish overextended rallyThe EURAUD currency pair maintains a bullish sentiment, supported by the prevailing long-term uptrend. However, recent price action suggests an overextended bullish breakout, approaching significant resistance zones on both daily and weekly timeframes.
The key trading level to watch is 1.7050. A potential overbought pullback from current levels, followed by a bullish rebound from 1.7050, could extend the upside, targeting 1.7320, with further resistance at 1.7676 and 1.7800 over a longer timeframe.
Conversely, a confirmed break below 1.7050, with a daily close under this level, could signal a corrective pullback towards 1.6880 and 1.6800.
Conclusion:
While the broader trend remains bullish, the current overextended move suggests the possibility of short-term retracements. Holding 1.7050 as support will be critical for further upside continuation, while a breakdown below this level could trigger deeper corrections. Traders should monitor price action closely and adjust risk management accordingly.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURAUD looking for value zone to go long ... the week of 10 Mar Weekly – strongly bullish
Daily – strongly bullish
H4 – bullish, now pulling back towards a consolidation zone between 1.7108 and 1.69930 (marked on my chart). 20 ema is also currently located here.
When/If price reaches this zone, I will be monitoring PA on H4 and H1 timeframes with a view to find evidence of a bullish continuation. In the current uncertain US situation, it is vital to establish that control of the market has returned to the bulls, before taking a long trade. Stop can be below the zone (around 1.6930) or a bit lower with the initial target at about 1.7280.
This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
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