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Euraudbuy

EURAUD finally time for some buys!!Price just starting to dig into a nice area of support down at 1.450. On the daily here you can see the nice short position I'm now looking at hedging my last little remained of the trade to now look at buys. A few more candles on the daily to confirm that this level is going to once again show support then ill be entering long term buys with a 50% take profit at the first trend retracement level. Hope everyone is doing well and I will be more active very soon!
Long
by jamison_fx
Euraud stuck in patternHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:EURAUD We can see market is stuck in range and testing its support. So we are expecting perfect rise from its support. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Long
by Theranasaramd
Update on EURAUD daily Time frameHi Traders, An update on EURAUD Today, I am looking at the daily price action and it seems to be clear as day for me, Price is currently breaking above resistance with strong momentum, This is good as it invalidates the Head and Shoulders pattern on the daily. With that in mind, we can expect many new traders to have sold at the right shoulder of 1.49500. But as we can see price has now rocketed through this zone, I would like to see price come back for a retest of this level once again either tomorrow or later this week, We will have to see price firstly close above the resistance. once the daily candle has closed, I will go down to the lower time frames once price has returned to the resistance, and find a suitable entry. Wishing everyone a profitable week ahead. Renaldo Philander
Long
by Tradebudz
Buying EURAUDHi Traders, Taking a look at EURAUD, We can see that Price has started creating higher highs and Higher lows, Price, however, is currently ranging between 1.490 and 1.478, where we can see a potential double bottom Forming, The W will be valid if price manages to break through the current Resistance and close above it. Once the price has closed above resistance we need to be patiently waiting for a retest of the newfound support. I will then be waiting for price to reject the level before considering any buying opportunities. Remember it is always best to be reactive instead of predictive, Price does not have to do anything, we just trade what we see. Renaldo Philander
Long
by Tradebudz
Euraud Analysis from 16-05-2022 (time to continue downtrend)Euraud Analysis from 16-05-2022 (time to continue downtrend), The eur aud pair has been characterized as a directionless pair. lol. Hence we will not pay much emphasis on its fundamentals though some high impact news which could cause volatility in the euro are the euro commission spring forecast on Monday 11:00 am, WAT, gdp rate qoq on tuesday 11:00am WAT. From Australia , we should keep a watch on the Aud when the Reserve Bank of Australia minutes are read on tuesday 17th may 3:30 am wat. Sentimentally, the euro zone is yet to recover from the economic effects of the war/ tension in Ukraine and the shortage of supplies from Russia to other parts of Europe. Technically, euraud after breaking a structural demand zone around the 1.5262 price area on 2nd of march 2022, as highlighted on the chart, the price has reached that structural level which may now be seen as a supply zone as price has rejected the zone twice on the daily time frame followed by a control drop... a full multi timeframe breakdown an entry strategy is been shared in the video analysis of this content in the red channel below. My approach: I would wait for price to retrace to the area around 1.5114 to look for short signals, confirmation and entry on the 4hr chart. My sentimental bias for the euraud is bearish. I would love to see your opinions about this pair. cheers Lets go take some risk, lets go make some money.
Short
by MillionaireLogistics