AUDEUR trade ideas
EURAUD: Intraday Bearish Signal?!It appears that the EURAUD pair could continue to decrease in value.
I have observed a downward breakout of a bearish flag pattern on the hourly chart following a retest of a support level that was recently broken.
My targets for this potential decline are 1.6591 and 1.6559.
idea on a chartWe have a great chart where price could go.One of the biggest reasons the euro has been rallying against the Australian dollar is due to the fact that the Chinese economy has been so sluggish. The Australian economy is highly levered to what’s going on in China, as a huge portion of the commodities in Australia ended up on the Chinese mainland. As long as the Chinese economy is sluggish, it does make a certain amount of sense that the Australian dollar will fall. At this point in time, the 2 economies are so interlocked that it’s essentially a proxy for Chinese economic performance.
EURAUD Will Grow! Long!
Here is our detailed technical review for EURAUD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.667.
Considering the today's price action, probabilities will be high to see a movement to 1.672.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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EURAUD - 28 Jan 2025 SetupEURAUD Market structure are making N pattern on the market structure with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
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EUR/AUD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Bearish trend on EUR/AUD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.648.
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EURAUD is in The bullish Direction after Triple Bottom FormationHello 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 LONG Market structure Bullish on HTFs DW
Entry at Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 1.66500
H4 Touching EMA
H4 Candlestick rejection
Levels 6.01
Entry 90%
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EUR/USD 1HEUR/AUD 1H - BUY OPPORTUNITY
Looking for price to now retrace taking out the retail liquidity and the early buyer liquidity. I am also looking for the imbalance just under my entry point to be filled before i actually enter the trade targeting the major high with my stop loss at the low that initially caused the major level break.
euraud sell signal. Don't forget about stop-loss.
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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 BEARISH 100PIPSBearish Forecast (100 pips)
Trend Analysis: A bearish forecast suggests that you expect the price of EURAUD to decline. This could be based on a technical setup, such as a clear downtrend or price action indicating weakness in the euro or strength in the Australian dollar.
Resistance Levels: You might have identified resistance levels or technical patterns (like a head and shoulders, bearish flag, or a rejection at a key moving average) that point to a potential downward move.
Target (100 pips): You're aiming for a price move of 100 pips from your entry point, which could be based on a calculated move or previous price swings in a similar range.
20 Pip Stop Loss
Risk Management: A 20-pip stop loss is relatively tight, which indicates you're trying to limit your downside risk in case the market doesn't move in your predicted direction.
Risk-to-Reward: If you're targeting 100 pips with a 20-pip stop loss, that gives you a 5:1 risk-to-reward ratio. For every 1 pip of risk, you're aiming for 5 pips in reward, which is a favorable risk profile for your trade.
Volatility Consideration: EURAUD can sometimes be volatile, so it's important to ensure that the stop loss is placed at a reasonable level where price action can fluctuate without triggering you prematurely. You’ll want to place the stop loss just above a key resistance level or swing high that could be a logical invalidation point for your bearish view.