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EURAUD trade ideas
EURAUD SHORTLooking to short this market at close of 4hr candle.
Recent AUD economy news is a catalyst for potential
RATE Hike in August, has increase the AUD strength.
Target previous swing low.
EUR/AUD SHORTEUR/AUD SHORT "break of structure + 72% fib retracement + supply zone"
"Aussie might gain further ground as the RBA will probably be one of the last G10 central banks to cut interest rates." + higher than expected CPI confirming the hawkish hold
EURAUD SHORTSMarket structure bearish DH
entry at weekly and daily AOi
Weekly rejection from AOi
Daily Rejection at AOi
Daily rejection from previous structure point
Around Psychological Level 1.61000
H4 Candlestick rejection
Rejection from H4 Previous structure
H4 EMA retest
Levels 4.74
Entry 90%
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EURAUD is ready to go shortEURAUD pair is in a solid downtrend, supported by this price zone. We expect this momentum to continue in the short to medium term. It is evolving in a well-defined descending channel, with several contact points confirming its validity. The price is currently hovering near the upper limit of the channel, which could offer an interesting selling opportunity on the continuation of the downtrend.
EURAUD may rebound from 1.6070EURAUD may recover from 1.6000
After stronger than expected CPI data, AUD showed strength again pushing EURAUD down near 1.6000
The aggressive market reaction to the news was really strong and the EURAUD fell by nearly 130 points.
The price is recovering today and shows that there is still room for correction. EURAUD already recovered nearly 80 pips.
Maybe it was all priced in and the market has refocused on new economic events.
You may find more details in the chart!
Thank you and Good Luck!
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EURAUD Short Bat pattern on M30, H1, H4
M15, M30, H1 are overbought
There is some divergence
Stop loss is above 1.6190
With the H4 and Daily trend
EUR/AUD Trading Signal: BUYDear Traders,
We have identified a potential buying opportunity for the EUR/AUD currency pair based on our analytical model.
Direction: Buy
Enter Price: 1.6102
Take Profit: 1.61356
Stop Loss: 1.60468
Justification:
Our forecast is generated using the EASY Quantum Ai strategy, which combines multiple data points and market indicators to predict price movements with high accuracy.
1. Support and Resistance Levels: The current support level has shown strong resilience, providing a potential upward movement from 1.6102.
2. Economic Indicators: Recent economic data from the Eurozone has been favorable, indicating economic strength compared to the Australian Dollar.
3. Trend Analysis: Momentum indicators and moving averages suggest a bullish trend. The market seems to exhibit a consistent upward momentum.
4. Market Sentiment: Sentiment analysis shows a positive bias for EUR, supported by recent news and market behavior.
Please ensure that these insights align with your trading plan and risk management before executing the trade.
Trade wisely,
Your Trading Team
Heading into overlap resistance, could it reverse from here?EUR/AUD is rising towards the pivot and could reverse to the pullback support.
Pivot: 1.61575
1st Support: 1.60790
1st Resistance: 1.62133
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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EURAUD short term longthe positioning of the retails and the political uncertainty in france makes me think long and.
EURAUD SHORTHitting 200 moving average line
reversal form in RRZ zone
increase the number of sellers (volume)
#EURAUD Trade idea May be market follow me because i follow price action
this is only trade idea #euraud
EURAUD EURAUD has just wiped out the sell-side liquidity and did a market structure shift, we are now waiting for a retest before distributing to the upside and taking out the highs
EURAUD Bearish Mode
Currently still in the trend.
Price retrace with good pattern.
Wait till price go to the orderblock area.
Confirmation in lower timeframe is needed for safer entry.
long term selli'm in for a sell untill ma last tp is hit
so lets just see how it turns out...i believe in results
EURAUD: DT ConfirmedBased on the Price Action of the EURAUD, it seems likely that the downtrend will continue. The currency pair broke a significant support level at 1.6242 and is now in oversold territory.
It is important to consider the recent encouraging economic data in the Eurozone and the optimistic outlook for the EUR, which may lead to a temporary upward movement, possibly reaching a resistance level at 1.6546 or encountering supply around 1.6650.
Major Support begins @ 1.4761, however, we may be able to squeeze a little more downside out of this movement by targeting the Demand Zone @ 144.24.
#EURAUD 1H Technical analyse OUT NOW:📉 EA seems to be blocked after an ascending day, and I see that there will be a correction ahead, and after hours, the pressure it put on our resistance range showed that it will not be able to rise more than this.
#EURAUD #Forex
EURAUDLet's see how price will behave around the zone, wil the price respect the zone and give the 100pips.
EURAUD Possible Short Position BBMA ReEntry Zone Zero Loss 4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band Rejection
15m - Entry in MAHILO
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
Euraud2 possibility excepted 9n euraud.we will monitor how price react to our first supply.if it fails we will look for entries from the second supply.
EURAUD looks set to reach fresh lows as AU CPI reaches 4%The EUR/AUD has edged up at the start of the European session, following a 139-pip fall triggered by a higher-than-expected Australian inflation reading of 4%. In addition, the unemployment rate remains low, causing the market to project an RBA rate hike in August while the ECB cuts rates and deals with the French elections.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
EURAUD Technical Analysis and Trade Idea👉🔍 In this EURAUD analysis, we explore the higher time frame charts which currently indicate a bearish trend with a retrace into resistance. However, price action shows a strong bearish move after todays data release favouring the AUD. Im looking for a possible short term bullish reversal into resistance for a sell opportunity. It's important to note that this is speculative and not a guaranteed forecast. It's prudent to watch for certain price movements to verify a genuine reversal. This video provides a close look at the trend, market structure, and price action. Remember, this content is for educational purposes only and trading carries significant risk. Always ensure you implement strong risk management strategies in your trading practices. 📈🔔
