AUDEUR trade ideas
EURAUD Set for Upside, Key Levels to WatchHello,
FX:EURAUD has shown strong support at the 1Y PP, positioning it for higher highs. The 1D PP further indicates potential upside from the current level. To confirm significant upward momentum, the next goal is for the price to break above the 1M PP. However, if the price falls below and stays below the 1Y PP, this analysis will be invalid.
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EUR/AUD Giving An Amazing Bullish P.A , Are You Ready To Buy ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURAUD: Failed to recover the 1D MA50. Sell signal.EURAUD is bearish on its 1D technical outlook (RSI = 42.768, MACD = -0.001, ADX = 33.915) as it reversed just before reclaiming the 1D MA50. The 1D MACD is on a Bearish Cross since last Thursday and since August 5th every such formation completed a -3.63% decline. This time such a decline would reach the S2 level exactly, which is what we're aiming for (TP = 1.60115).
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EURAUD: Bullish Continuation & Long Trade
EURAUD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURAUD
Entry Level - 1.6193
Sl - 1.6111
Tp - 1.6361
Our Risk - 1%
Start protection of your profits from lower levels
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EURAUD Short Trade SetupAfter a break of bullish structure and sharp sell off post U.S elections. The storm seems like its over but the bias has turned bearish so now that we have confirmation like break of trend line support and structure breakout. We will enter shorts here.
Entry: 1.6263
Targets: 1.6030 & 1.5800
Stops: 1.6500
Overlap resistance ahead?EUR/AUD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.63368
Why w like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.64463
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 1.61518
Why we like it:
There is a pullback support level.
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ERUAUD Long OpportunityCOT report is looking solid for EURO and weak for AUD. Looking for an opportunity to go long. The setup might not appear in a way, I think it might. However, if the setup is not how I prefer, I have to practice the most difficult trading skills - patience and letting it go. Hoping for a good setup.
Long EURAUD or EURNZD now and Hold!bounced from daily order block and support, vwap below (drawn from 02 oct 2024 swing low) for further support.
Multiple wicks to retest the support failed to break it down
Trump reelection profit taking to benefit EUR.
Asian proxies like AUD and NZD has ran up yesterday, today profit takers and reassessment of risk will tank them.
Trump reelection trade war effect on asian proxies like AUD, NZD, Japan and China has yet to be realized.
Plenty of usd risk events this week has been finalized and EUR are getting some benefit today
etc
What do you think?