EURAUD trade ideas
EUR/AUD H4 | Pullback support at 38.2% Fibonacci retracementEUR/AUD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.7237 which is a pullback support that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 1.7155 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement.
Take profit is at 1.7417 which is a swing-high resistance.
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EURAUD forming a top?EURAUD - 24h expiry
Trading has been mixed and volatile.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Bearish divergence is expected to cap gains.
Bespoke resistance is located at 1.7360.
We look to Sell at 1.7360 (stop at 1.7420)
Our profit targets will be 1.7120 and 1.7080
Resistance: 1.7360 / 1.7420 / 1.7470
Support: 1.7275 / 1.7185 / 1.7090
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURAUD: Bearish Correction Continues EURAUD formed a huge cup and handle pattern and has broken through its neckline on a 4-hour time frame.
This breakout confirms a change in market sentiment and suggests a potential bearish reversal in the near term.
It is possible that the market will continue to decline and could soon reach the 1.7000 level.
EURAUD Long BiasPrice is trading inside a falling wedge before tested a significant demand zone, price currently in a strong uptrend, if price manage to break the wedge, it would be a signal confirmation for a long scenario.
EURAUD FORECASTThis pair is looking for today, guys! I really love the daily timeframe and how it is developing. We have seen a very big correction early on the move, and that is why if the price breaks that expected low, it will have a higher chance of playing out!
EURAUD Short IdeaThe EURAUD 4H chart shows a bearish divergence at the recent high, leading to a break of structure (BOS) and a liquidity grab below previous lows. Price has now retraced back to a key supply zone near the 50% Fibonacci retracement level, presenting a potential short opportunity. A rejection from this zone could lead to further downside, targeting liquidity levels around 1.69958.
EUR AUD #0003 Short Position Trading- The Weekly chart reflected a number of false breakout attempts last few months
- indicating the bullish sentiment is weekend on every attempt to break the nearest monthly HIGH
- The current weekly charts false breakout (refer on monthly candle) enough to potray the exhaustion of Bullish sentiments.
- coupled with the presence of Bearish Order Block at the Top of the Latest weekly false breakout.
- position trading for a short position with SL, TP labeled as drawn on the chart.
the nearest Monthly liquidity L will be the liquidity area for TP.
EURAUD Bearish OutlookHere is my analysis for EURAUD for the coming weeks.
Price is approaching correctively towards the Lower time frame 0.618-0.500 area or Golden ratio, price is currently forming a Running Flat pattern and may react from that Sell zone area.
Once the price reacts on the Sell zone, it will be expected to impulsively move towards the Buy zone area or Higher time frame 0.618-0.500 or Golden ratio. From there, we might be expecting a long-term Bullish Outlook.
EURAUDEURAUD Potential Short Setup upon the next Retracement
Confluences :
Break of Brick wall
Price Failed to make Previous highs, instead price formed Double Top Pattern
Break of Previous Structure HL
EURAUD rallies continue to attract sellers.EURAUD - 24h expiry
Trading has been mixed and volatile.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Risk/Reward would be poor to call a sell from current levels.
Bespoke resistance is located at 1.7265.
We look to Sell at 1.7265 (stop at 1.7325)
Our profit targets will be 1.7025 and 1.7000
Resistance: 1.7250 / 1.7310 / 1.7365
Support: 1.7100 / 1.7050 / 1.6950
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EUR/AUD SELLERS WILL DOMINATE THE MARKET|SHORT
EUR/AUD SIGNAL
Trade Direction: short
Entry Level: 1.730
Target Level: 1.720
Stop Loss: 1.737
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/AUD: Wedge Break in SightTraders should be alert to the risk of a resumption of the bullish trend in EUR/AUD.
It’s been coiling within a falling wedge for much of March, with the price rebound over the past two sessions leaving the pair testing downtrend resistance.
A bullish wedge break would put 1.7272 on the radar. If that were to give way it would open the door for a run towards the March 11 high of 1.7420. A stop beneath the downtrend would offer protection against reversal.
RSI (14) has broken its downtrend, suggesting bullish momentum may be starting to build again even though MACD has yet to confirm the signal.
Good luck!
DS
EUR/AUDclassic analysis down channal is penetreted enter point 1.6300
elliot waves it now in wave C Impulse Wave .we will wait small correctio then enter
Break of line EUR/AUDIn 26 March 25, CPI of AUD currency has announced the actual result 2.4%. As the result is lower than forecast, which would lead to retail investor unfavorable to buy more AUD currency. From the chart, we can noticed there is breakout of trendline and we have to wait for reversal to have the confirmation and enter into market.
EURAUD One more up to complete the bearish shark pattern. After one more down, I expect to continue to the upside to complete a bearish monthly crab pattern.
EURAUD bullish pennant may be developing! Intraday Update: Despite the weaker Australian CPI overnight the EURAUD slipped below 1.7085 which may allow for a move to the 1.7020 level, which is the 38% retracement. A bullish pennant may be developing.
EUR/AUD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
EUR/AUD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.712 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURAUD Breakout of bullish wedge Target 1.75EURAUD price was consolidating in the bullish wedge pattern and on friday it gave a breakout and enter the trade during retesting on a support which was its resistance earlier and target expected is 1.75.
EURAUD SELL 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 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
EurAudJust break and retest to the downside. This will last for 1-2weeks. The wait is really a huge reward
