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Australian Dollar/Euro

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AUDEUR trade ideas

EUR/AUD: Signs of Exhaustion as Bears Watch 1.7184EUR/AUD looks heavy and vulnerable to downside following Friday’s bearish engulfing candle, leaving the price teetering just above 1.7184—the blow-off top high from August last year. A break below 1.7184 could encourage bears off the sidelines, creating a setup where shorts may be established beneath the level with stops above for protection. EUR/AUD has tended to stall around big figures during its recent rally, putting 1.7100 and 1.7000 on the radar as initial downside targets. Beyond that, 1.6800 looms, having capped gains in late 2024 and early 2025. RSI (14) is trending lower but remains overbought, suggesting bullish momentum may be starting to wane. MACD has yet to confirm a bearish signal, though it is curling towards the signal line. On the fundamental side, the euro has priced in a lot of good news from recent fiscal and geopolitical developments, raising the bar for further upside. Meanwhile, the Aussie remains suppressed by elevated volatility and concerns over China’s growth trajectory amid escalating U.S.-China trade tensions, limiting its ability to capitalise on recent U.S. dollar weakness. However, if those concerns ease, the Aussie could outperform. That puts today’s policy details from China’s government on boosting consumption in focus. While both the euro and Aussie are heavily tied to China’s economic health, AUD—along with other Asian currencies—stands to benefit more from an improvement in sentiment.
Short
by FOREXcom
EURAUD and The Elliott WaveWe are currently in the Development of a massive Flat after Wave 5(Green) hence Wave 3(Black) ended. Wave A(Red) followed and a Wave B(Red) is in the works. Wave B of a Flat has 3 Waves, two of which are impulse and one is corrective. The last wave of the three waves must go beyond the Wave 3. In this case our Wave 3 is marked in Black. Back to our Wave B of the Flat and we can see that the first of the three waves of B is a 5 wave move marked in Blue. Wave 2 was a Zigzag hence Wave 4 must be a Flat. Wave A(Black) was formed and we are currently in the formation of Wave B. Wave A(Yellow) cannot be our Wave B(Black) simply because it did not have 3 waves as mentioned in the paragraph above. As per usual the Math must back up any Elliott Wave analysis. Therefore Wave B(Yellow) cannot go beyond 0%, and Wave C(Yellow) or B(Black) cannot go beyond the 261.8% Fibonacci level.
by machariavictor017
1
EURAUD Forecast (Short)EURAUD Forecast (Short): Entry Price: 1.71900 Take Profit (TP): 1.68300 (3600 pips below the entry point) Stop Loss (SL): 1.73820 (1920 pips above the entry point) Rationale for the Forecast: Current Context: EURAUD is near a resistance level, indicating a potential downward reversal. The Take Profit level (1.68300) is close to a key support level, which could be reached if the euro weakens or the Australian dollar strengthens. The Stop Loss level (1.73820) is set above a key resistance level, minimizing risks in case of an upward breakout. Fundamental Factors: EUR: Mixed economic data from the Eurozone, with potential weaknesses in industrial production and consumer confidence, could pressure the euro. AUD: Positive data from the construction sector and potential improvements in commodity prices could support the Australian dollar. Technical Factors: The level of 1.71900 is a resistance zone where a downward move is possible. The level of 1.68300 is a support zone where profit-taking could occur. The level of 1.73820 is a zone above key resistance where the Stop Loss would be triggered. Recommendations: Target (Take Profit): 1.68300 (3600 pips profit). Risk (Stop Loss): 1.73820 (1920 pips loss). Risk-Reward Ratio: 1:1.875 (profit nearly twice the risk). Scenarios: Optimistic Scenario: EURAUD reaches the 1.68300 level, and the position is closed with a profit. This could happen if Eurozone data weakens further or Australian data improves. Pessimistic Scenario: EURAUD breaks above the 1.73820 level, and the position is closed with a loss. This could occur if Eurozone data improves or Australian data worsens. Conclusion: The current trade has a favorable risk-reward ratio (1:1.875). It is recommended to monitor news from the Eurozone and Australia, as they could impact the pair's movement.
Short
by Oner
EURAUD The Week Ahead 17th March ‘25The EURAUD currency pair maintains a bullish sentiment, supported by the prevailing long-term uptrend. However, recent price action suggests an overextended bullish breakout, approaching significant resistance zones on both daily and weekly timeframes. The key trading level to watch is 1.7050. A potential overbought pullback from current levels, followed by a bullish rebound from 1.7050, could extend the upside, targeting 1.7320, with further resistance at 1.7676 and 1.7800 over a longer timeframe. Conversely, a confirmed break below 1.7050, with a daily close under this level, could signal a corrective pullback towards 1.6880 and 1.6800. Conclusion: While the broader trend remains bullish, the current overextended move suggests the possibility of short-term retracements. Holding 1.7050 as support will be critical for further upside continuation, while a breakdown below this level could trigger deeper corrections. Traders should monitor price action closely and adjust risk management accordingly. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
EUR/AUD "Euro vs Aussie" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/AUD "Euro vs Aussie" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on! however I advise placing Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 1.66000 (swing Trade Basis) Using the 4H period, the recent / nearest low or high level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: Primary Target - 1.62700 (or) Escape Before the Target Secondary Target - 1.61000 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: EUR/AUD "Euro vs Aussie" Forex Market is currently experiencing a Bearish trend., driven by several key factors. 🌞Market Overview Current Price: 1.64624 30-Day High: 1.6734 30-Day Low: 1.5931 30-Day Average: 1.6231 🌞Fundamental Analysis Economic Trends: The European economy is expected to grow, driven by a rebound in consumer spending and investment Interest Rates: The European Central Bank is expected to maintain low interest rates, supporting the euro 🌞Macro Economics Global Economic Trends: The ongoing global economic recovery is expected to drive up demand for commodities, including Australian exports Inflation Rate: Global inflation is expected to rise to 3.8% in 2025, potentially increasing demand for commodities and supporting the Australian dollar Interest Rates: Central banks are expected to maintain low interest rates in 2025, supporting currency markets 🌞COT Data Non-Commercial Traders (Institutional): Net Short Positions: 40% Open Interest: 80,000 contracts Commercial Traders (Companies): Net Long Positions: 25% Open Interest: 50,000 contracts Non-Reportable Traders (Small Traders): Net Short Positions: 35% Open Interest: 30,000 contracts COT Ratio: 1.8 (indicating a bearish trend) 🌞Sentimental Analysis Institutional Sentiment: 55% bearish, 45% bullish Retail Sentiment: 50% bearish, 50% bullish Market Mood: The overall market mood is bearish, with a sentiment score of -20 🌞Positioning Analysis Institutional Traders: Net short positions increased by 10% over the past week, indicating growing bearish sentiment Retail Traders: Net short positions decreased by 5% over the past week, indicating decreasing bearish sentiment Leverage: The average leverage used by traders has decreased to 2.2, indicating decreasing confidence in the market 🌞Overall Outlook The overall outlook for EUR/AUD is bearish, driven by a combination of fundamental, technical, and sentimental factors. The expected growth in the Australian economy, low interest rates, and bearish market sentiment are all supporting the bearish trend. However, investors should remain cautious of potential upside risks, including changes in global economic trends and unexpected regulatory developments. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Short
by Thief_Trader
EUR-AUD Will Go UP! Buy! Hello,Traders! EUR-AUD is trading in an Uptrend and we are now Seeing a nice bullish reaction From the horizontal support Of 1.7153 which reinforces our Bullish bias and we will be Expecting the pair grow more With the target of 1.7417 Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
1
EURAUD AnalysisAs of March 13, 2025, the EUR/AUD currency pair is trading around 1.7326. citeturn0search6 Technical analysis indicates a strong bullish trend: - **TradingView**'s technical ratings show a 'Strong Buy' signal for both the 1-week and 1-month periods. citeturn0search1 - **Investing.com**'s analysis also suggests a 'Strong Buy' based on various moving averages and technical indicators. citeturn0search3 It's important to note that currency markets can be highly volatile, and past performance does not guarantee future results. Therefore, it's advisable to consider multiple factors, including economic indicators and geopolitical events, before making any trading decisions.
Long
by sr225406