EURAUD trade ideas
If confirmed, this could be a strong trigger to enter shortIf the euro is indeed set to weaken — as we anticipate based on the current signs of trend exhaustion — this could be a solid trigger for a short position.
However, if the breakout fails to confirm, it may turn out to be a fakeout, potentially leading to a bullish reversal instead
EURAUD – Incoming Upthrust? Accumulation or Distribution? Chart Context:
EURAUD recently completed a sharp markdown after a textbook rising channel break. What’s interesting now is that price has entered what looks like a potential box range between 1.7768 and 1.7885.
I'm anticipating a possible upthrust move into the 1.788x zone — and what follows will reveal the true intent.
Here’s the internal debate:
Are we looking at reaccumulation — smart money trapping shorts before driving higher in line with broader money flow?
Or is this a distribution — where the market builds a false sense of support before deeper downside?
🔍 What tips the scale for now is this:
>The overall money flow direction (via volume patterns + structure) has leaned bullish, so I’m favoring accumulation with a shakeout scenario.
Signs I’m watching:
✅ Absorption volume near the bottom of the range
✅ Higher lows inside the zone
✅ Fake breakout / upthrust into prior structure
❌ Failure to hold above 1.7855 could flip the bias short-term
📉 Expecting one more dip to test demand, followed by range tightening, and if buyers show up strong — the breakout can get explosive.
What’s your take?
Are we prepping for a markup or will this fakeout and roll over?
"I go long or short as close as I can to the danger point, and if the danger becomes real, I close out and take a small loss"
Idea on a charthe June consumer price inflation report shows a 0.3% month-on-month reading for headline inflation (0.287% to three decimal places) and a 0.2% MoM outcome for core (0.228%) versus the consensus forecast of 0.3% for both. The details show that there was some scattered evidence of early tariff impacts on some goods components – mainly fresh fruit & vegetables, household appliance, toys, clothing and sporting goods, but this was offset to a large extent by softness in the all-important shelter component, which has an approximately 40% weighting within the core CPI basket. It rose only 0.2% MoM while new vehicle
EURAUD Bullish support at 1.7720The EURAUD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.7720 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.7720 would confirm ongoing upside momentum, with potential targets at:
1.7920 – initial resistance
1.7970 – psychological and structural level
1.8000 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 1.7720 would weaken the bullish outlook and suggest deeper downside risk toward:
1.7680 – minor support
1.7630 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the EURAUD holds above 1.7720. A sustained break below this level could shift momentum to the downside in the short term.
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.
EURAUDLet’s focus on the EURAUD forex pair with a more tight and cautious approach compared to other setups. ⚠️📉
If price breaks our stop-loss, I won’t be interested in looking for buy entries at lower levels anymore. It’s important to respect the trade plan and avoid chasing the market. 🚫🔄
The week ended on a bullish note and the momentum has continued upward, but I will only consider entering if I see a proper price correction that offers a better risk-to-reward opportunity. 📈⏳
Patience is key here — waiting for the right pullback to optimize the entry and manage risk effectively will increase the chances of a successful trade. 🎯💡
Remember, disciplined trading always wins in the long run! 💪📊
EUR/AUD BULLISH BIAS RIGHT NOW| LONG
EUR/AUD SIGNAL
Trade Direction: long
Entry Level: 1.778
Target Level: 1.804
Stop Loss: 1.760
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 8h
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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EURUAD is in the Buy direction from the Third TouchHello Traders
In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today EUR/AUD analysis 👆
🟢This Chart includes_ (EUR/AUD market update)
🟢What is The Next Opportunity on EUR/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURAUD MARKET OVERVIEW - WEEKLY CHART Price’s direction from the weekly perspective looks quite bullish. Technically, we saw how price broke out of the symmetrical triangle pattern and also above the upper resistance of the channel. Therefore, we’re likely to see more bullish growth developments as the upper resistance is currently being retested.
EURAUD: Expecting Bullish Movement! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURAUD chart which, if analyzed properly, clearly points in the upward direction.
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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X1: EURAUD Short Trade OANDA:EURAUD Short trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
This is good trade, don't overload your risk like greedy, be disciplined trader, this is good trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
EURAUDBullish Continuation from a Bull Flag Pattern + Break of Structure
Bull Flag Pattern Formed
After a strong impulsive bullish move, the price forms a consolidation channel (flag), sloping slightly downward.
This is a classic bull flag pattern, indicating bullish continuation.
Break of Structure (BOS) Confirmed
The price broke above the flag, showing a BOS (Break of Structure) to the upside.
This confirms a potential continuation of the uptrend.
Fibonacci Confluence
Price retraced to the 61.8–78.6% Fibonacci zone (golden zone), which often acts as a strong reversal area in trending markets.
This gives a good risk-to-reward (R:R) opportunity.
Higher Highs and Higher Lows (Market Structure)
The market is forming HHs (Higher Highs) and HLs (Higher Lows) – typical of a healthy uptrend.
Demand Zones Below
Several demand zones (blue boxes) support price if it retraces.
The strong low marked adds structure-based support beneath the trade entry.
Risk-to-Reward (R:R) Setup
You’ve set a tight stop loss below structure and a larger take profit aiming at the -61.8% and 100% Fib extensions – a favorable R:R ratio