EUR/AUD Forecast: Three Scenarios for the Next MoveEUR/AUD Analysis (Currently at 1.6205):
First Scenario : EUR/AUD will rise directly to the resistance level at 1.6335.
Second Scenario : The pair will drop to the support level at 1.6100 before moving up to the target of 1.6335.
Third Scenario : If EUR/AUD breaks below the 1.6100 support, it will fall further to the next support at 1.6040, and from there, it is expected to rise to the target resistance at 1.6335.
AUDEUR trade ideas
EURAUD - Already OverSold...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURAUD has been bearish trading within the falling channel in orange.
Currently, EURAUD is approaching the lower bound of the channel.
Moreover, the zone marked in blue is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #EURAUD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURAUD: Key Levels for Long-Term GainsHello,
FX:EURAUD remains positioned for long-term gains. What’s crucial at this moment is a crossover and a lock above the 1M pivot point; once that happens, the upward movement should be smooth. However, if the price drops below the 1W pivot point, we can expect further declines.
TradeWithTheTrend3344
EURAUDEURAUD is confronted on immediate resistance, price has to break the structure both from the candle stick chart and from the line chart of the RSI for confirmation to go long.be patient please for long confirmation and can target 1:3 ration take profit ..massive profit on buy if we get a break and resistance of the current supply roof to return to demand floor where we have a buy order
EURAUDEURAUD is confronted on immediate resistance, price has to break the structure both from the candle stick chart and from the line chart of the RSI for confirmation to go long.be patient please for long confirmation and can target 1:3 ration take profit ..massive profit on buy if we get a break and resistance of the current supply roof to return to demand floor where we have a buy order
EURAUD💡The analysis shown in this image represents a technical analysis of the EUR/AUD currency pair on a 4-hour time frame. The graphic shows a descending price channel with defined support and resistance areas. The analysis seems to indicate that the price is close to a resistance area (R.1) after a bounce from support, and traders are anticipating a possible reversal at these levels.
⛔️It is not investment advice, for educational purposes only.
EURAUD Massive Long! BUY!
My dear friends,
EURAUD looks like it will make a good move, and here are the details:
The market is trading on 1.6171 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.6216
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURAUD - 4hrs ( Buy Trade Target Range 100 : 200 PIP ) 🟢 Pair Name : EUR/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🟢 Key Technical / Direction ( Long ) Break Out Done
Type : Mid Term Swing
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Bullish Reversal
1.62000 Area
Reasons
- Major Turn level
- Visible range Lvn
- Patter Reversal
- Fibo Golden
- Quarter low
Profit Gains
1.63000 Area
Profit Gains
1.65500
EUR/AUD H1 | Swing-high resistance at 61.8% Fibo retracementEUR/AUD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.6216 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 1.6275 which is a level that sits above the 61.8% Fibonacci retracement level and a multi-swing-high resistance.
Take profit is at 1.6145 which is a multi-swing-low support that aligns close to the 61.8% Fibonacci retracement level.
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euraud buy 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
EURAUD Will Explode! BUY!
My dear followers,
I analysed this chart on EURAUD and concluded the following:
The market is trading on 1.6192 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6240
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Will Euraud seek bearish momentum ?Hello ligand traders ! I hope you are doing good. Today I will talk about the possible EURAUD trade.
As you can see , EURAUD is making complex movements . But overall the trend is very bearish according to my bias . Here this market broke recent low around 1.62000 and retested the higher highs which is a classic bearish outlook .
Moreover you can see that it created double top formation in the upper side of the border . This point is 1.62669. So ligand thinks that EURAUD will soon move down to its local channel .
The target of our EURAUD is 1.60283 level which is marked in this chart . Trade carefully and stay with ligand .