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EURAUD

EURAUD Is Very Bullish! Long! Take a look at our analysis for EURAUD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.640. The above observations make me that the market will inevitably achieve 1.651 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
EURAUD - BOOM! 450pip Target Hit! What's Next?In our last analysis we identified a perfect breakout trade. We explained exactly how to enter - both risk entry and safe entry depending on your appetite. Setup played out perfectly resulting in a massive 450pip gain! What we now have is a typical correction before the next breakout. We could create a complex abc correction so if looking to trade the next breakout, just be wary that we may reject the recent highs and then come down once again to complete the complex correction. Trade Idea: - Watch for the next breakout - Risk entry on bounce off fib levels - Safe entry on break of the red trendline - Target the recent highs as first targets and breakeven (350pips), longer term target 1.7 (700pips) Goodluck and as always, trade safe! See our previous setup below.
by WicktatorFX
GBPAUD Short Signal Reversal StrategyHi guys, its your girl forex potatoe and its another week of opportunities. January as been a pretty slow month for swing traders but here we have an opportunity to short GBPAUD, i am just took a short on this trade with my stop loss and take profit in appropriate places as with my tool. GBPAUD has been in an uptrend and has encountered a solid resistance and its having problems going through it, this is the third time that its showing signs of weakness and we all know how third strong third touches can be. In addition to that we can see the Daily RSI is overbought and just crossed the 70% mark, a head and shoulders pattern together with a bearish engulfing candle stick are confluences that supported my sell decision I am expecting GBPAUD to drop from this resistance and reverse all the way down. Kindly hit the boost , leave a follow and let me know what you think of this idea in the comment section
Short
by ForexPotatoe
EURAUD 4 HR | Bearish ContinuationGBPAUD could fall 225 pips if it can stay below 1.65699. Why 1.65699? Let's just round it and say $1.657 Australian dollar. The price for the EURO is decreasing which means Australians are able to buy the Euro at a cheaper price. Evidence High(H) & Low(L) Per the 4 our timeframe, price is declining. The current falling price of the Euro price per the Australian Dollar has been 1.65700(H), 1.62723(L), 1.65699(H), 1.64281(L). We can see the high and low prices are decreasing hence what is called LOWER LOWs and LOWER HIGHs. Actions The best action to take is to sell since currently the trend is down. That is what the chart per this timeframe is showing. The best price to sell below as stated above is 1.65699. The entry price is between 1.65350 and 1.65699. This range equates to 35 pips. This means if you enter at market order, you can wait for price to enter the range and provide evidence price can decrease. Or, if you set a pending order , you can set a pending order at 1.65350 with a TP down to the low or further. Why do I believe price can fall 225 pips? This is a Reward to risk drop from the pending order price of 1.65350 based on my stop loss placement. Sidenote: Your Reward to Risk will vary from mine analyzing this trade using your own risk management strategy and trading plan. What can invalidate this trade? If price pushes higher than 1.65699, showing evidence buyers have taken control, the trade in invalidated. What would this mean? If you entered the trade and price went higher than 1.65699 you'd be stopped out. However, if price were to continue lower without pushing past the highs, you'd be in profit. Should you trade this? If this fits how you trade, yes. If not no. Let's keep it that simple. I hope you enjoyed this analysis. Like this post and share it if you did.😁 Many blessings, Shaquan
Short
by ShaquanLopez
2
EURAUD Expected Growth! BUY! My dear followers, This is my opinion on the EURAUD next move: The asset is approaching an important pivot point 1.6484 Bias - Bullish Safe Stop Loss - 1.6417 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.6569 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
EURAUD | It's time to evaluate a Bearish MomentumThe H4 analysis of the Euro/Australian Dollar exchange rate points to a negative trend, with the price currently undergoing a Fibonacci retracement at the 0.62-0.79 level. I anticipate a potential bearish momentum for the pair with a potential target of 1.6270, representing an area of liquidity that has yet to be explored. However, it is crucial for the price to execute a Break Out of Structure (BOS) on a 15-minute time frame during the London or New York sessions. We hope to observe a clear and significant change in market structure during these sessions; otherwise, the idea is not to be considered viable. We always await the necessary operational confirmations and adhere to an optimal risk management approach. Best regards, as always, from Nicola, and I wish everyone a good day of trading.
Short
by Forex48_TradingAcademy
1
EURAUD H4 | Potential bullish bounce off pullback supportEUR/AUD could fall towards a pullback support and potentially bounce higher towards our take-profit target. Entry: 1.64916 Why we like it: There is a pullback support level Stop Loss: 1.64530 Why we like it: There is a pullback support that lies under the 38.2% Fibonacci retracement level Take Profit: 1.66170 Why we like it: There is a pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
EURAUD My Opinion! BUY! My dear subscribers, EURAUD looks like it will make a good move, and here are the details: The market is trading on 1.6513 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6535 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
⚡️Strifor || AUDUSD-19/01/2024Preferred direction: SELL Comment: Previously, we considered a potential trade for this pair in terms of growth within the medium-term movement. This idea is relevant, but an update of local minima is expected in the near future. That is, a fall below 0.65200 is expected. Before the expected medium-term growth, the price will most likely touch the level of 0.65010 . At this level of support, one can expect various kinds of manipulation, after which the same medium-term growth will most likely follow. The short-term decline discussed in this trading idea will most likely begin in the very near future (1-2 trading days). Thank you for like and share your views!
Short
by Strifor
1
EURAUD Is Very Bullish! Buy! Here is our detailed technical review for EURAUD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.651. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.655 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1