EURAUD We are in a weekly demand, the, we just wait for a confirmation in 4h chart, waiting in our entry levels
AUDEUR trade ideas
Buy euraud from key levelRemember don't try to sell euraud
From next month a strong buy coming will be full moth buy candel
Currently 3 consective candels not showing a good buy
It's mean it will sweep.low as its do before bearish wave in August
Just wait to approach in our zone and after a strong confirmation we will enter into buy trade and hold it for long term
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
EUR/AUDEUR/AUD has been in a downtrend on the higher timeframes. Since October 3rd, the price has moved bullish, respecting the 4-hour uptrend level.
Last week, however, we saw a break in the uptrend, along with the formation of a double top on the daily chart.
This technical shift coincides with weaker-than-expected economic data from the Eurozone, which has weighed on the euro, and recent optimism from the Reserve Bank of Australia regarding the country's economic outlook.
Given these factors, I’m looking to take short positions around the 1.6200 level
EURAud broke sell structureEURAud broke sell structure , crossed up above 9 ma
Mac’s showed buys
Support held
EUR/AUD H4 AnalysisPrice has now corrected to the 61.8% Fibonacci retracement level. The correction may be over and we could see buyers push price higher, breaking out of the structure and towards the -27% Fib extension level. Look for buy setups that meet your strategy rules.
Euraud is still bearishEuro prices rose above our previous high this week and failed to displace further❌. This alone indicates that price was just targeting buyside liquidity 📊to fuel the Bearish market. As per sweep, price finally filled enough orders to give us bearish momentum with our thursday candle⬇️. Friday failed to close in on our displacement, therefore giving us a daily fvg and a fresh supply zone.
This is not an entry signal, but an analysis based on observations as per strategy and experience with the charts.
What do you think about this one?
euraudEuraud broke its downtrend last week, but continued to fall by acting on this trend. It has now received a sharp reaction from the point where this trend intersects with the support zone. As a result of the continuation of the price action, the targets on the chart will come.
Further downside seems possible for EurAudHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
More downside might be coming on EA...bias will be to short.Unless it whips.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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EUR-AUD Local Short! Sell!
Hello,Traders!
EUR-AUD is retesting
A local horizontal resistance
Level of 1.6212 form where
We will be expecting a
Local bearish correction
Sell!
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EUR/AUD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
Previous week’s red candle means that for us the EUR/AUD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.629.
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EURAUD SellShorting breakout consolidation of EURAUD.
Going back to the book, I am trading according to Rayner's MAEE.
Market condition, Area of value, Entry, Exit.
EURAUD: Bearish Outlook Explained 🇪🇺 🇦🇺
EURAUD broke and closed below a support line of a
horizontal range on a daily.
The broken structure turned into a resistance now.
The violation opens a potential for a bearish continuation.
Next supports: 1.611 / 1.605
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Short EUR/AUD setup looking for retest of 1.6000Thursday's bearish engulfing candle has seen the price move below 1.6188, a level that has acted as both support and resistance over recent weeks.
If the price can remain beneath this level into the European open, consider shorting below with a stop above for protection.
The initial target would be 1.6115. If that were to give way, a retest of 1.6000 could be on the cards.
Good luck!
DS
EUR/AUD Testing Support Below 1-Year PivotHello,
FX:EURAUD remains bullish in the long term; however, the price is currently below the 1-year pivot point (PP) and is testing support levels, though the extent of this decline is still somewhat uncertain. At present, the price is expected to drop to around 1.605445 or 1.600245. The initial 1-year support at 1.603541 has, so far, been sufficient to push the price upward temporarily.
TradeWithTheTrend3344
EURAUD H4 Double Top: More Downside Ahead?EURAUD is showing a classic double top pattern on the H4 chart. Price action has already broken the neckline, and it seems to be retesting it now. If the retest holds, we could expect further downside for this pair.
This setup aligns well with bearish momentum, so it might be a good opportunity to watch for short entries. Make sure to confirm with other indicators and manage your risk effectively.
What are your thoughts on this pattern? Are you looking to short EURAUD too? Let me know below!
EURAUD Looking for 150pips When you're taking a trade on EUR/AUD with a 150-pip profit target and a 40-pip stop loss, you're aiming for a trade setup that has a reward-to-risk ratio of 3.75:1. This means for every pip you risk (40 pips), you're potentially earning 3.75 times that amount (150 pips).
Here's a breakdown of the thought process:
1. Setting the Profit Target (150 Pips)
The 150-pip target likely corresponds to a significant level on the chart, such as a previous support or resistance zone, a Fibonacci extension level, or a major pivot point.
This target should be realistic based on the current volatility and historical price action of EUR/AUD.
Check for daily average range: If EUR/AUD tends to move around 100-150 pips per day, this makes the target more achievable within a reasonable time frame.
2. Defining the Stop Loss (40 Pips)
A 40-pip stop loss should ideally be placed below/above a significant technical level, such as:
Recent swing highs/lows.
A moving average.
A key Fibonacci retracement level.
The stop should protect you from a potential market reversal but not be so tight that normal market noise would trigger it.
It’s important to make sure that placing the stop here still keeps you below a key invalidation level, meaning if the stop is hit, your initial analysis was incorrect.
EURAUD: Bearish Move From ResistanceThe EURAUD currency pair formed a distinct double top pattern on the 4-hour chart after testing a key horizontal resistance level.
Today's economic data release triggered a price drop, breaking below the neckline of the pattern and confirming a bearish trend continuation.
The price is likely to continue downward, possibly reaching the 1.6127 level soon.
"EUR/AUD may rise from this level.""EUR/AUD may rise from this level."
As always, it's essential to apply proper money management and never trade without placing an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be measured over a series of trades, not just one.
Guys always read this quote.It will help you mentally."I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime. Even people who lose money in the market say, 'I just lost my money, now I have to do something to make it back.' No, you don't. You should sit there until you find something.” “Jim Rogers:
Thanks!
EURAUD: Bearish Move From ResistanceThe EURAUD currency pair showed a clear double top pattern on the 4-hour chart, following a test of a significant horizontal resistance level.
The release of today's economic data caused the price to decrease and break below the pattern's neckline, confirming a bearish trend continuation.
It is likely that the price will continue to move downwards, potentially reaching the 1.6127 level soon.
EUR_AUD BEARISH BREAKOUT|SHORT|
✅EUR_AUD broke the key
Horizontal key level of 1.6220
Which is a resistance now
And the breakout is confirmed
So we are bearish biased
And we will be expecting a
Further local move down
SHORT🔥
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EurAud Trade IdeaOn October 13th I spoke about price retesting a level before getting into any longs. Price finally pulled back into the level I'm personally interested in. I'm currently in my last trade for the week so I won't be entering another BUT if EurAud can give some type of bullish sign than you can expect the pair to continue heading to the upside. I won't be trading the pair until next week so hopefully all goes well and I'll look to execute some longs.
