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EURAUD trade ideas

TradeCityPro | EURAUD Analysis Buyers in Control👋 Welcome to TradeCityPro Channel! Let’s step outside the crypto space to analyze the EURAUD entry triggers for the coming week, examining both technical and fundamental aspects. 🌍 Fundamental Overview The EURAUD pair highlights the ongoing divergence between the Eurozone and Australian economic conditions. The ECB’s hawkish stance, supported by persistent inflation, strengthens the Euro, while the RBA’s dovish policies amid cooling inflation and a softening housing market weigh on the Australian Dollar. Additionally, Australia’s dependence on Chinese demand for commodities has created vulnerabilities due to China’s weaker-than-expected industrial growth. Geopolitical tensions, such as the Middle East conflicts, have supported the Euro, reinforcing its stability as a safe-haven currency. In contrast, Australia’s economic slowdown and labor market weakness are adding pressure on the AUD. The balance may shift as Europe's energy prices stabilize and China introduces economic stimulus measures. 🕒 4-Hour Time Frame On the 4-hour chart, buyer momentum is evident, particularly as the pair rebounded strongly from the 1.63584 support level after rejecting the 1.65469 resistance twice. This renewed bullish strength signals active buyers in the market. 📈 Long Position Trigger The 1.65469 level remains a strong trigger for a long position. Breaking above this resistance with volume could target the 1.684 zone, supported by RSI confirmation at 69.96. 📉 Short Position Trigger Despite the bullish momentum, a failed breakout or lower high near resistance could set up a short opportunity. A more reliable entry would be a breakdown of the 1.6358 support and trendline, targeting the 1.6016 level for a pullback. The pair’s trajectory will likely depend on macroeconomic developments and shifting risk sentiment in the week ahead. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
6
EurAud could accelerate to the upside (1.7 target)After dipping below the key 1.6 level—both a technical and psychological threshold—at the end of November, EUR/AUD quickly rebounded and began climbing in a constructive manner. Recently, it established solid support at the 1.6350-1.6360 zone, with two notable reversals from this area observed last week. As of now, EUR/AUD is trading at 1.6507, just below a technical resistance level, with the price action showing signs of a buildup. The odds favor an upward breakout, and if this materializes, it could lead to a sharp acceleration higher. In this scenario, my swing trade target is the 1.7 mark. For now, my strategy is to buy on dips, anticipating the breakout and preparing for the upside momentum.
Long
by Mihai_Iacob
10
TradeCityPro | EURAUD : A 627-Day Consolidation Zone👋 Welcome to TradeCityPro! In this analysis, I want to review the EURAUD forex pair for you. The analysis is conducted on the daily timeframe. 📅 On the daily timeframe, the pair has been ranging between the support level of 1.60295 and the resistance level of 1.68538 for a very long time. The duration of this range has now reached 627 days. 🧩 Currently, the price is facing resistance at 1.65286, and if this resistance is broken, it could move toward the top of the box. A break of 66.57 on the RSI could introduce bullish momentum into the market and increase the likelihood of breaking this resistance. 📈 If the price reaches the top of the box, the resistance at this level is 1.68538, which is a very strong resistance. If this level is broken, the next area to watch is 1.72457. 🔽 In the event of a decline, the first area of support is at the bottom of the box. If this level is broken, the next support is at 1.58785, which is close to the bottom of the box. The major support levels to watch after that are 1.56542 and 1.52961. ✨ Considering the prolonged duration of this box, if it breaks on either side, it could act like a compressed spring, moving sharply and powerfully in the direction of the breakout. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
2
EURAUD - Long Done, Now Looking for Shorts!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈As per my last two EURAUD posts, I have been looking for longs around the blue support. Currently, EURAUD is approaching the upper bound of its range. 📚 As per my trading style: As #EURAUD is currently around the red resistance zone, I will be looking for bearish reversal setups (like a double top 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
Short
by TheSignalyst
#004 NEW DCA EURAUD SHORTForgot to jot down this trade, I think. I have two or three positions as I DCA into this pair when price goes against me. Previously I traded in the long position, but I switched gears and began shorting, I think. Before this trade, I was trading 100 unit positions, but when I switched gears, I upped the units to 200. I feel that I should sit and wait instead of thinking of why the market does what it does. Secondly, even if I blow my account, I should not mentally throw away the effort i have put forth thus far, especially if I want to continue doing this method but I just f up. It's ok to make mistakes and to blow accounts. When you arrive, you don't just come with nothing, you reached this point with alot of understanding and also painful wisdom. Third is that, I have seen more than enough that price does hit the TP more often than not. So, dont DCA too much. Do it at significant levels, do not multiplier. And, wait, because price take time to reach your desired exit price. It takes 2 weeks or so, for 15 Minutes and 1H trading. Be patient. 2259SGT 11122024
Short
by ProfessionalDuckHunter
EUR/AUD "Euro vs Aussie" Forex Market Bullish Heist Plan🌟Ola! Bonjour! Hi! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical 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 long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a trade anywhere, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low level should be in retreat. Stop Loss 🛑: Using the 4H period, the recent / nearest low level. Goal 🎯: 1.68900 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 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖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 🫂
Long
by Thief_Trader
EURAUD - Potential Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of weakness, so potentially there is a higher probability to see price lower. Your success is determined solely by your ability to consistently follow the same principles.
Short
by Maks_Klimenko
EURAUD MARKET ANALYSIS AND PRICE PREDICTIONEURAUD, Is presently consolidating at institutional renegotiation zone, decision has been take in favor of the Bulls because market has broken structure twice upward. The Final decision will still favor the Bulls , price will break the renegotiation trend line with as shift candle (FVG) and head towards the renegotiation resistance to clear of the buyside liquidity. NOTE: Price will retrace from this inducement move to fill up the imbalance and give the Bull a perfect entry at 61.8% discount price. Watch out for the Price at entry zone to go long with it. Entry, Take Profit And Stop Loss Are clearly marked out on the chat. GOOD LUCK GUYS!
Long
by Akpambang
1