EURAUD Strategy & AnalysisKey Tech/Fundamental runover amid current risk on mood.
Massive fall on EURAUD, Time to get long?
EURAUD trade ideas
SELL EURAUD - trade explained in detail Trader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today!
www.tradingview.com
EURAUD - Now We Want!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURAUD has been bearish trading within the falling channel.
Currently, EURAUD is approaching the lower bound of the channel.
Moreover, the zone marked in blue is a strong support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the support 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 SELL TF H4 TP = 1.6323 On the H4 chart the trend started on Aug. 06 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 1.6323
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
EURAUD SHORT Market Structure is Bearish on HTFs DH
Entry around both Daily and Weekly AOi
Weekly Rejection At AOi
Daily Rejection at AOi
Around Psychological Level 1.65000
H4 EMA retest
Rejection At AOi
Rejection from H4 previous Structure
Levels 6.27
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
EURAUD BearishEURAUD will continue its downward trend , AUD is fundamentally stronger than EUR.
Seasonals data shows that of EURAUD with continue its bearish trend until beginning to Sept.
EUR Expected to reverse by next week of September as COT Data of EUR and AUD both are increasing and EUR is decreasing its short positions of non commercials.
EURAUD Sell IdeaThe reason I am selling the EUR/AUD currency pair is because
inflation in the Eurozone has eased to 2%, which could prompt the ECB to cut interest rates again.
Meanwhile, inflation in Australia has risen slightly while the Reserve Bank of Australia has kept interest rates unchanged, and on the other hand, Australia's trading partner, China, is making efforts to boost its inflation, which has been under pressure, by cutting interest rates and providing future stimulus.
Therefore, the AUD has better long-term prospects compared to the EUR.
Sell Limit : 1.65700
Stoploss : 1.66100
Take Profit : 1.64500
Be safe and protect your capital with stoploss
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
Is the Aussie Dollar Doomed? CPI Reveals AllThe release of Australia's CPI index on the upcoming Wednesday, July 31st, is anticipated to have a significant impact on the foreign exchange market. Specifically, a negative CPI figure is likely to weaken the Australian Dollar, thereby strengthening the EUR/AUD currency pair. Traders may consider selling this pair from clearly defined resistance levels above the current market price.
Monitoring Market News: Given the dynamic nature of the forex market, it's crucial to stay updated with relevant news and events that can impact the EUR/AUD pair. Keep an eye on economic releases, central bank announcements, geopolitical developments, and any other factors that may influence these currencies. By staying informed, traders can make more informed decisions and adjust their positions accordingly.
EURAUD - Possible setups.EURAUD (15-Minute Time Frame) has formed a higher high, indicating a bullish trend. If the previous lower low remains intact and the resistance level is broken, this could present a good buying opportunity. However, if the resistance level does not break, consider looking for a short entry.
28.08 Overview of Trading daySummary of the thought process how I behaved na what I did as a trader today.
BREAKOUT BUY ABOUT 0.61"AUDEUR" has broken above a previous resistance area with a strong price gain supported by greater than normal volume . Be careful as it could pull back. Perhaps look for a buy price if it reaches 0.62 to confirm direction"
1% maximum size of your portofolio
EUR-AUD Long From Support! Buy!
Hello,Traders!
EUR-AUD has made a
Retest of the horizontal
Support level of 1.6375
So we are locally bullish
Biased and we will be
Expecting a local move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
EURAUD 15min Trend-Following Short, Big Potential Drop Awaiting
EURAUD Short opportunity following the downtrend from higher timeframes.
Short Entry at the 15min Supply Zone at 1.64137.
Stop Loss at 1.64240
TP set at Daily Demand Zone at 1.62888
RRR: 11.2
EURAUD: Bullish Continuation is Expected! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURAUD.
❤️ Please, support our work with like & comment! ❤️
EURAUD - 4hrs ( Sell Trade Target Range 320 PIP ) Pair Name : EUR/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
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 ( Short )
Type : Mid Term Swing
———————————
Bearish Break
1.64100 Area
Reasons
- Major Turn level / D
- Visible range LVN
- Pattern Break / Channel
- inner Choch
- Fibo Golden
- week / D low
Bullish Reversal
1.60500 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Accumulation Zone
- Quarters Area
- Choch Zone
EUR/AUD For Bearishyou can go short now
or
wait the entry point as correction wave ended
- General Trend is Down Trend
- EUR under pressure
- Price Break Current Support Level and i think it will try to retest it and then go down
have fun :)
EURAUD BearishEURAUD making LH & LH
Entry at LH using fib .5
SL above previous LH
no bullish divergence
EURAUD D1 Projection !Price nicely follows the downside trend and waits until the price retests the supply zone and trendline. Initiate short positions after finding a confirmed bearish price action structure.
LONG on EURAUDDear Fellow Traders,
I would like to share my LONG idea on the EUR/AUD pair. Recently, the pair has dropped to a significant support level. Based on my analysis, I believe it is poised for a bullish reversal with a potential target around 1.66.
I’m interested to hear your thoughts and analysis on this pair. What’s your outlook on EUR/AUD?
EURAUD - In Bearish TrendEURAUD in bearish trend. Entry is clearly mentionedd on chart with tp & SL. I also explained all fundaments factors with seasionality.
sell position on euraudmaking head and shoulder pattern on dailytimeframe , breaked neckline and also retested neck line and make a bearish engulfing candle , looking good for swing
