EURAUD | 4h | Swing Tradinghello traders, i have prepared FX:EURAUD analysis for you. i have set my entry level, stop level and target level on the chart. all i ask from you is to support me with your likes. thank you to everyone who likes it.
AUDEUR trade ideas
EURAUD WEEKLY FORECASTThe instrument is in a clear uptrend, lets take some retests using a fibonacci retracement tool... then we move upwards when we have confirmed in H4, and do refining in H1. Thank you
EURAUD💡The attached analysis shows the movement of the EUR/AUD currency pair on the daily time frame D1. Upside potential: If the price breaks the R.1 resistance and closes above it, it will likely target the R.2 area. The current positive momentum supports this scenario. Downside probability: If the price fails to break through R.1, it will likely bounce down towards the pivot point (P.P) or first support (S.1). If S.1 support is broken, the decline may extend to S.2.
⛔️It is not investment advice for educational purposes only.
EURAUD in the SpotlightTechnically, there is room for the EURAUD to dive downward, especially if it develops a bearish harmonic pattern on the daily chart.
Fundamentally, it may depend on the RBA interest rate decision and statement, which is to be released on Tuesday. And employment data on Thursday. Fingers crossed. :)
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-AUD Resistance Ahead! Sell!
Hello,Traders!
EUR-AUD is about to hit
A horizontal resistance
Of 1.6632 from where
A local bearish pullback
Is to be expected
Towards the target of 1.6480
Sell!
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EURAUD Opportunity Presenting Itself Just have to be patientAs we navigate these pairs, it’s important that we take our time to thoughtfully develop our strategy. Currently, our time frames are aligned; however, we do need to see the price on the 4-hour chart turn bearish. This movement will help guide the price back to the daily area of interest (AOI).
Once we observe the price shifting back to a bullish trend, we will patiently await a pullback on the 4-hour chart. This will provide us an opportunity to analyze the lower time frames for a sign of strength (SOS) before proceeding with our trade. It’s essential to remember that exercising patience often yields the best results, and a more measured approach can lead to success.
Buy euraudDay downtrend broken
H4 completed bullish correction
Wait to some down side then enter again buy
EUR_AUD RESISTANCE AHEAD|SHORT|
✅EUR_AUD will soon retest a key resistance level of 1.6600
So I think that the pair will make a pullback
And go down to retest the demand level below at 1.6489
SHORT🔥
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TP was hit at 53pips I hit my tp as price respected previous he zones and continued to make new highs
Is the move going to continue?The Commitment of Traders (COT) report currently indicates exceptionally light open interest among large speculators, while retail traders are beginning to shift towards selling. I find it particularly insightful to monitor the COT report when there is a notable sentiment shift among retail participants. Looking forward to analyzing Monday's data.
Lingrid | EURAUD short after FAKE Breakout of CONFLUENCE ZoneFX:EURAUD is currently testing a key resistance zone at 1.65000, which coincides with an upward trendline and the border of a downward channel, creating a confluence zone. Following an impulsive bearish move from this zone previously, the price has retraced back to this resistance area. Given that this level acts as a round number and aligns with the upward trendline, I anticipate a potential reversal from this resistance area. If the price creates a fake breakout—indicated by rejection at this level—we can expect the market to move lower, potentially leading to a more bearish move. My goal is the support zone around 1.63000
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EURAUDif it closes down in the 5min time frame, I will set a sell order at the lower edge of the box , setting the stop loss at the top and aiming for a tp2
EURAUD: First Target 1.6203 / Second Target 1.6335I’d love to hear your thoughts or any feedback you might have. Let’s collaborate and make better trading decisions together.
EURAUD BuysLook for bullish confirmation to go long from trendline. We have already retested the previous resistance zone.
05.12.24 Morning ForecastPairs on Watch -
FX:EURAUD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
EURAUD: Pullback From Resistance 🇪🇺 🇦🇺
EURAUD looks bearish after a test of a key daily resistance.
The price broke a support line of a rising wedge pattern and a neckline of a descending triangle on an hourly, confirming a local intraday bearish sentiment.
The pair may retrace to 1.632 level.
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Falling towards 50% Fibonacci support?EUR/AUD is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 1.6284
1st Support: 1.6169
1st Resistance: 1.6441
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EURAUD Bullish Pennant Buy opportunityEURAUD is in bullish trend and there is an opportunity to buy with targets based on Bullish Pennant.
EURAUD Post AUD Weakness/GDPAUD weakness fed into markets today and rebounded on some key price action (resistance) and likely profit taking.
Holding off any new entries until lower, or higher as labelled.
EURAUD - Short active !!Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect bearish price action after price filled the gap and rejected from institutional big figure 1.63000.
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