euraudeuraud is still building up to take out liquidity of the equal highs. The supply seems strong to reject price.
AUDEUR trade ideas
EUR_AUD LOCAL LONG|
✅EUR_AUD made a retest
Of the horizontal support
Level of 1.6560 while trading
In a local uptrend so we are
Bullish biased and we will be
Expecting a further move up
LONG🚀
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EUR/AUD Chart Technical AnalysisThere is bullish trend also the continuation pattern of Bullish flag. There is Bearish Divergence but the Characteristic of this chart it does not respect the first divergence so I am Bullish bias in this trade. For the safe side took entry (Buy Stop) at the breakout of the pole and SL on the last HL.
EURAUD seprate wayswe will kepp watching the trade and see... will update more as the price made some progress
EURAUD BUY BIASPrice violated a daily Sell setup. I'm a seeing a build up happening therefore i'm waiting for a retest on my Areas of interest then jump onto buys after getting entry confirmations.
EUR AUD sellW- D - 4H BUY
reversed H&S on the daily and 4h.
waiting for the retest of the neckline, and entry pattern
EUR/AUD H4 | Falling to overlap supportEUR/AUD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.6516 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 1.6383 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level.
Take profit is at 1.6706 which is a swing-high resistance that aligns with the 50.0% Fibonacci retracement level.
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EURAUD SWING TRADE IDEAEURAUS has been in a bullish perspective which break above a channel line in minute wave ALT, wave played out in a complex corrrection WXY. we are now in minutte wave (i) which might still be in progress, however if wave (2) playes our according to plan, it will possiton us to trade minutte wave (iii) within Minute wave ALT for swing trade
EUR/AUD SHORT Euro Weakness :
The European Central Bank (ECB) is expected to maintain a dovish stance, with potential rate cuts extending into 2025 due to weak economic growth and persistent inflation concerns. This, coupled with fragile economic recovery in the Eurozone and political uncertainties in key countries like France and Italy, is likely to keep the Euro under pressure. Weak manufacturing data further adds to the downside risk for the Euro.
Australian Dollar Resilience :
Despite economic challenges, the Reserve Bank of Australia (RBA) maintains a tightening bias, which creates a favorable rate differential compared to the ECB. While weak commodity prices have affected the Australian Dollar (AUD), Australia's export-driven economy, particularly in metals and energy, may provide support if China's economy stabilizes. Additionally, the AUD could benefit from any improvement in global risk sentiment.
EURAUD Trading Analysis Setup ( Consolidation )Looking at where the market is, i can see that the market is in a consolidation since April 26th 2023 up till now that is about 1 year 5 months, and on the month of August 5th 2024 the market brakes out of the consolidation resistance band aera but before that same month ended the Bears push price back inside the consolidation again, that's means the consolidation is still in play. And the market sold for the all of August, and bought in the first week of September, so i will be looking for an opportunity to go short once the MKT give the signal
EUR-AUD Will Go UP! Buy!
Hello,Traders!
EUR-AUD is going up and
The pair is retesting a
Horizontal support of 1.6548
From where we will be
Expecting a bullish rebound
And a further move up
Buy!
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EUR AUDTHIS IS MY SETUP FOR EUR AUD
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Trade carefully
This is not financial advice, DYOR.
EUR AUDTHIS IS MY SETUP FOR EUR AUD
I use Fibonacci to get these extreme points and my preferred one is 80% retracement, with a risk-reward of 1:4.
Trade carefully
This is not financial advice, DYOR.
EURAUD Possible long positionHi Traders,
Based on key level support and moving average crossover confirming bullish position, If price close above the support line at 1.65770 there will be a possible long position. You can place a buy position at around 1.65780 and take profit at the resistance line 1.66220
Thanks,
Happy trading
EURAUD - bearish view.Price has swept a daily high. Aligning nicely with the 4 hour timeframes range.
Lower timeframe showed shift bearish.
Looking for price to run bearish, with sell side being ultimate goal. However other POIs will be used for partials.
EURAUD: Confirmed CHoCH & Bullish Outlook 🇪🇺 🇦🇺
I see a confirmed Change of Character on EURAUD on a daily.
Trading in a global bullish trend, the market successfully violated
a minor bearish trend, breaking a significant horizontal resistance.
The market will most likely go higher.
Next resistance - 1.669
❤️Please, support my work with like, thank you!❤️
EURAUD is in The bullish DirectionHello Traders
In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today EUR/AUD analysis 👆
🟢This Chart includes_ (EUR/AUD market update)
🟢What is The Next Opportunity on EUR/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
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
EUR/AUD break and retest level Now you can see euraud is bullish.. it's makes Hh, HL .. so we can trade only on bullish setup..wait for retest and after buying setup, you can enter the trade..
BELIEVE WE HAVE A WAVE A DOWNDWhile Wave 5 IS IN consolidation now we concluded that it is time for WAVE (A)correction to the downside to aprox 0.618 Fib ratio as stated in the elliott wave theory
Eur/Aud sell position setupChecklist:
1. Change of character (bearish)☑️
2. Bearish break of structure ☑️
3. 4hr fvg
4. UNMITIGATED 4hr supply zone (entry zone)
Target: 4hr swing low
