euraud longd1: price into demand zone and engulfing was created H1: choch has been made, and just open buy limit here with sl bellow prior day lowLongby thghnh0Updated 117
EUR/AUD H4 | Rising into overlap resistanceEUR/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6563 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.6634 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at 1.6465 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:08by FXCM4
EUR/AUD - BUYING IDEABuy EUR/AUD After Correction To 1.64504 Good Luck - Happy Trading Feel Free To Share Some Love - Thank YouLongby MR-FX42
EURAUD Will Fall! Short! Please, check our technical outlook for EURAUD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.646. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.642 level soon. 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. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 111
EURAUD London session Asian low swept. An imbalance left so waiting for price to fill it before going long Targeting the Asian high.Longby hskarue1
I'm bearish on EURAUD.After reading the EUR macro-data and the AUD macro-data, including the statements and minutes of ECB and RBA, I've arrived at the following conclusions: EUR snippet: "Economic activity in the euro area had remained weak in the first two months of 2024. Consumers continued to hold back on spending, housing investment had remained subdued and companies had exported less, reflecting a slowdown in external demand and some losses in competitiveness" Conclusion, weak. ----------------------- AUD snippet: "Monetary policy is working to slow growth in demand. High inflation, higher interest rates, and tax payments have led people to cut back on spending. Labor market conditions are easing but are still tight relative to full employment." In conclusion, AUD is very strong, plus Iran just announced that they are getting ready with the missiles, this could put upward pressure on gold due to the currency's uncertainty since AUD is the second biggest producer of Gold in the world, AUD and Gold are hand in hand, the potential upward pressure on Gold will support AUD. High inflation will also make them include the following statement in the press release: "The Board’s decision today balances the objectives of bringing inflation down while also preserving the gains in employment. The Board’s future decisions will depend upon the data and evolving risks, and a further increase in interest rates cannot be ruled out." Rate hikes will give a better return to investors on their bonds, further increasing AUD's value in the medium term. (Medium-term because the info is coming from the central bank)Shortby nexmartin113
EURAUD BEARISHDaily & H4 Bias is Bearish currently. Price just rejected from H4 and Daily horizontal level. Forming a double top pattern. Going into lower timeframe. Price seems to be bearish enough to go lower. Hence targeting swing low. Shortby royschen072
EURAUD 4:1 SetupWaiting for a drop back down to the 1.64 handle to go long with a target at the 50% pivot zone of the current range. This will be a 4:1 risk to reward setup. Stop loss will be just below the last candle with a buffer. Trade Safe - Trade Well All the BestLongby Michael_Harding4
Facing resistance at circular areaAt this if structure break downward then sell trade can be placed but wait for a structure confirmation Shortby DontTradeBlindly111
EURAUD - Sideways TrendEURAUD in sideways trend shows trade plans for both long & short trades with the help of support and resistance.by ZubairShah911
EUR AUD - PRICE FALLING DOWNEUR AUD - PRICE will be down fall till 1.64418 marked price line which is 0.5 level fib ,make a short trade as soon as possible,follow for more live updatesShortby FOREX_TRADER_007Updated 4
Euraud longthis is purpose to add more position so the i don't talk to much about the views just add more position because the price in to ob h1 and make a choch in m15 and we can see an bearish engulfing h1 with high volume has been broken. so make a buy limit order Longby thghnh0Updated 1
Counter Trend BuyPotential long-term movement on EURAUD. Tight stop loss as counter trendLongby That_New_Money3
EURAUDOn the monthly charts we have abearish trend targeting the monthly low. On the weekly charts we have registered a change of character on the long term trend. We have confirmed the reversal from bullish to bearish. On thedaily charts we have an internal break awaiting break of key levels to confirm sell limit orders. On the 4 hour charts we have a minor bearish correction, once the correction endsand we have confirmation, we shall look for sell limits targeting the demand at 1.6 price handleby morrisgitauUpdated 6
EURAUD ShortEUR/AUD With Bearish Momentum after broke of support, retest and again continuation candle hopefuly we continue downtrend. 1. RSI Below 50 2. Price below 3 MA's (3,8,20) 3. RSI MA's cross 4. Babypips Currency Strenght Meter confirmation 5. Babypips Bear Case (4) 6. Babypips Trend Analysis Bearish Confirmation 7. Breakout of strong structure 8. Weekly 3rd Bearish Candle Lower Close 2% Risk Per Trade 1st Take Profit at 1:1 R:R then moving SL to BE and trailing with structure/MA 20. Stop Loss Above High of the entry candle and closing on change of scenario/bullish reaction/break of structure.Shortby Marteyfx0
EURAUDDAILY CHART Swing trade. - Looking at the end of the 4th wave, and joining in the 5th wave final push up Set alert at price of interest by howard25351
The only way to be happy is by shorting the EURAUDAUD perspective: Positive: - The Australian economy is weakening, BUT compared to the European "experts" it is holding up quite well (very difficult I know) -> there is no sign of a recession in Australia so far, quite the opposite of the Eurozone, I had already predicted the inevitable recession in my EURCAD trade idea here - Retail sales came in stronger than consensus expectations (+0.3%) at +0.9%. - Inflation came in WAY higher than the market or the RBA expected, forcing the Reserve Bank of Australia to raise rates at least 1 if not 2 more times. - The market is pricing in the fewest rate cuts for the RBA in 2024 (none at all) - due to the shaky sentiment, the AUD should not appreciate in a one-way street, but rather steadily and constantly BUT: as the old saying goes: "A good kangaroo only jumps as high as it has to." Negative: - The trade balance has weakened somewhat recently - Any risk-off episode (e.g. an escalation of the Middle East conflict) would hurt the AUD - China is increasing its fiscal packages for the economy, but so far the recovery of the Chinese economy has been rather sluggish. I don't need to say much about the sad outlook for the euro, as I have already covered this sufficiently in the previous trade ideas, whereby all my predictions have materialised -> Eurozone inflation fell to below 3% as I forecasted in July -> the ECB had to massively reduce its GDP forecasts (which are still too high) -> Germany is in a prolonged recession and will continue to be so into next year Sad for the Eurozone economybut good for my EUR shorts, these are making me very happy :) Shortby PrimeTradingUpdated 13113163
The neverendless story of the EUR ShortFirst things first: The German Inflation today will come lower (3.7 or 3.8) than the consensus forecasts (4.0) -> Great for my EUR Short Shortby PrimeTradingUpdated 1116
euraud analysis elliotDon'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 tradeShortby wavesscoutforex110
EURAUD - trading session no.108.50pm - 8.58pm (short day ikik) this session was way better than the last one - but still 2 "mistakes" -hesitation: self explanatory -missed a trade: just look at the chart goddammit -first and only trade: really gud trade!! perfect entry and everything (still hesitated tho) PnL: +2 pips (+1RR) Im back on trading - had a couple of missed session because school started again and ykyk its a bit stressful but I wont cry about it. What a rough start tho Shortby GRBmlr1
EURAUD : Long Trade , 4hHello traders, we want to check the EURAUD chart. The price has reached the specified support level after a downward movement. We expect this level to stop the price downward trend and the price will increase to around 1.64900. Good luck.Longby mrAT_TraderUpdated 8
New Zealand And Australia FX Pairs; Tech/Fund Mastery.Hey Traders, As Antipodean FX pairs start to move, we can look for new entries and potential exit areas. These particular FX pairs have moved with force after the degrading of the AUD and NZD Today. Price Action implementation here is key. 06:33by WillSebastianUpdated 12
EURAUD Buy Buy EURAUD after the rejection from the buyers. sellers tried to break weekly support and failed. 3.52R/RLongby Dionisis2