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Euraudanalysis

EURAUD | New perspectiveWith an evident downtrend scenario on the 4h time frame. How can we take advantage of a sell continuation opportunity if it finally happens? Let's check this out together. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2
EURAUD LONGEURAUD bounced from the support level of the major Descending Triangle in the 4-hour timeframe chart. we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (GREEN LINE) (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Long
by Pro-Trading-Africa
EURAUD forecast for the next few daysWith EURUSD heading to take a possible fall, the minor EURAUD is also exhibiting the signs of weakening Euro against Australian Dollar. This may be a smaller frame analysis but with the huge engulfing with the last daily candle seemingly warrants to favor the bears. Technical prospects of the EURAUD Analysis: 1- Proper Head and shoulder exhibited by H4 timeframe 2- Bearish engulfing on daily frame 3- Last possible H4 Lower Trendline broken Since, Head and Shoulder pattern travels back to its base, or at least near to the base, we might be looking at the trade possibility of 300+ pips. The price chart says that EURAUD is heading down low. The rectangle marks the target support region of the trend. Best of luck, Happy trading and Happier Profits!
Short
by Uzi-Trades-Forex
EUR/AUD - SELLMonthly: 1. Impulse 2. Brake of previous structure 3. Correction on lower timeframe Looks bearish at this moment Weekly: We can see more clearly on the Weekly timeframe the impulse, brake of structure and correction. Looks bearish at this moment. Daily: Fibonacci is added from lower timeframe 1.Impulse 2.Correction 3. Engulfing Daily candle from Fibonacci level Going to make a entry on 4h timeframe 4H: Bearish Engulfing candles and pinbars from fibonacci levels. Good time for entry RR 1:4
Short
by Trader_Petrov