EURAUD Analysis. Hello everyone. I want share my idea about EURAUD.
Here is not lot to talk, We are at good LVL for catch good price reversal movement.
for that we need to wait touch to that point which I have marked with yellow circle, first I need to see aggresive bearish reaction after touch for open my short position.
WE NEED TO OPEN CAREFULLY POSITION!!!!
Because I have marked also weekly Fibonacci LVL which worked and after touch it continued move uptrend.
Next week There is lot of news of EUR which I think show to the pair market reaction.
Be Patient!!!!!!
Euraudanalysis
EURAUD : Short Trade , 4hHello traders, we want to check the EURAUD chart in the 4-hour time frame. The price is moving in a descending channel and towards the downward trend line, as well as the key level of 1.63300 and 1.63500, which the price has reacted to several times in the past. It has pulled back. We expect the price to maintain its downward trend and fall to the specified targets. Good luck.
EURAUD sell Entry : 1.63200
Target1 : 1.60950 , Target2 : 1.58600
EURAUD Sell Opportunity- Price is in an overall bearish trend.
-Price then found support at the monthly demand/support zone.
-After finding support price made a bullish push, which also serves as a retracement.
-Price is also currently respecting the 50.0 fib level.
- I am anticipating another bearish move and will watch the 4hr time frame for a candlestick reversal pattern before entering a sell.
-If price close as a a doji/indecision candlestick I will enter a sell.
What are your ideas, please like or comment and share your analysis!
euraud. 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 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURAUD psychological level EURAUD is testing the psychological level at 1.62000.
Price is trading in the ascending channel, which acts as dynamic support.
We can see that the price has entered the consolidation zone and bounced off the level multiple times.
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AUDUSD and EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURAUD Strong support Short opportunityHi traders!
According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a downward movement in the price. Traders may consider capitalizing on this situation by initiating short positions in the EUR/AUD pair, anticipating a potential decrease in value. However, as market conditions can be unpredictable, it is essential to conduct thorough research and employ appropriate risk management strategies before making any trading decisions.
Have a great trading week ahead!
DeGRAM | EURAUD structure based tradeEURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance, which is a psychological level at 1.6500.
The market made a divergence, meaning the market made a shallow new high.
Price is likely to go down from the strong resistance level .
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EurAud to resume its uptrend (Nice R:R trade)After reaching 1.67 high EurAud started to drop and test the important support level at 1.61
A nice bullish structure followed this rop and test of support and now the pair seems ready to resume the up trend.
Buy dips under 1.63 could be a good idea and such a trade would also have a nice R:R
EURAUD nicely fulfilled my last idea what nextEuraud nicely hitt our sell target and give us 600+ pips ( tagged ).
Now I expect some more bullish retracment before further drop.
And we have an area for selling is bearish trend line marked on chart and there is a horizontal zone also.
So wait for the area for selling opportunity.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
EURAUD 14May2023This analysis is still in accordance with last week's analysis, only now is the price seeing an upward correction, I marked the correction area with 3 blue box areas, there is a possibility that the price can correct high enough to the top box then continue to fall again. adjust your trading style when the price approaches the area that I have marked