Euraudforecast
EURAUD 1.625 good for short#EURAUD is reflecting # AUDUSD
High Volumes with a big Impulse in the past
Key Levels
Fibonacci 61%
We have to wait for a pattern confirmation to go short
Entry Point 1.625
Sl 1.634
TP1 1.62170
TP2 1.618
EURAUD - UpdateANALYSIS ON EURAUD
Welcome to my analysis
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30 MIN CHart
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Interesting Point of interest In the EURAUD pair.
- Price testing 200 day EMA.
- look for sell signals.
- possibility of 1 more move to the upside.
- Watch 1.61570 for sell signs.
- MACD showing hidden bearish divergence
EURAUD roadmap update!!**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
#EURAUD,Stop! Ups on the wayThe trend is still bullish on the weekly chart.
After another record that EURAUD has broken in recent months, the currency is falling, the EURAUD is just on the 100 moving average line which has been very stable support in recent months so we will take advantage of our proximity to the support line and recommend buying.
target:1.6120
EURAUD forecast, long term short for 300 pips down!Plan : daily key level support on my previous analysis worked well (link below), prices went up fast and then down to form a strong bearish pinbar rejection pattern and I see long term sell opportunities at this time. Is the daily support still able to withstand the declining in prices? we'll see ;)
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURAUD is on daily key level supportPlan : wait for the price to breakdown or bounce up ;)
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
#EURAUD, Great potentialIn the previous 2 times, as you can see in the graph above, the EURAUD stopped at the support line in 1.5990 and immediately rose to 300 pips, and even now there is no reason for history not to repeat itself.
The general trend is an upward trend.
The Stochastic shows oversold and potential trend change.
Target: 1.6250
EURAUD CAN FELL DOWN FROM HEREHi Everyone,
I have short idea here , because of
Rejection/Resistance for SR level
fibo level is between 61-50
Pin Bar Setup.
Hope all works.
Happy Trading
EURAUD - Short Sell With SL&TP=> EURAUD: Short Sell <=
=> Entry: 1.6225
=> 1st SL: 1.6250
=> 2nd SL: 1.6300
=> 1st TP: 1.6210
=> 2nd TP: 1.6195
=> 3rd TP: 1.6180
=> 4th TP:1.6105
EURAUDTHIS TRADE HAS BEEN HOOK BTW RESISTANCE AND SUPPORT FOR A WHILE BUT AM THINKING IT GONNA COME DOWN TO HIT THE RESISTANCE FOR THE LAST TIME AND SHOOT UP....
EurAud- towards 1.6 important support?From the August top, AudUsd was trading downwards, with 4 lower highs and clear support at 1.6.
A daily close under 1.62 would announce a false break and would open the door for the 1.6 important psychological support
Strategy:
Sell the break
SL @ 1.6330
TP @ 1.6
Is it EUR/AUD getting ready for more bullish moves?After brief consolidation the EUR/AUD’s rise from 1.5976 resumed and intraday bias is back on the upside. Friday’s daily candle came out as a bullish Marubozu candle, which indicates that the buyers are in control. Additionally, the today breakout on daily chart above Friday’s high may push the price upside with good bullish momentum.
But the H4 chart shows that after being very bullish, the price retreated a little bit. The pair may find resistance at the level of 1.6310 (24th October's high). Further rally should be seen to 1.6432 resistance first. Sustained move above this level will pave the way to retest 1.6787 high.
If the downward correction keeps, it may come up to 1.6202 to find its support. A clear breakout below 1.6202 minor support will turn bias back to the downside for testing 1.6150 (100-day SMA on H4), followed by 1.5976 key support zone. The H4 RSI was in overbought area which is indicative that the underlying momentum is positive for the AUD relative to the EUR.
In the bigger picture, as long as 1.5895 support (the triple bottom since July) holds, outlook remains bullish.
We prefer upside momentum and buying opportunities on the declines. So, in short-term look for Sell at the current level with TP at 1.6205 and Stop Loss around 1.6305. On daily chart waiting the long positions to hit the target 1.6435.
What's your strategy for that pair?
EUR/AUD Head & Shoulder PatternEUR/AUD is likely to form a Head & Shoulder pattern on the 4hr chart.
Expecting price to drop , waiting for price action to confirm.
Focus Time Frame: 4H/1H
Market Condition
1D Short Term: Downtrend
1D Long Term: Uptrend
#EURAUD, The strengthening of the Australian dollarSignificant Decline (H4 Graph Time).
Stochastic with the red line above the blue line (the bear's dominate).
The red line above the green line inside the Ichimoku cloud which is a sign of continued declines.
Target: 1.5980
EURAUD SHORT - IF CLOSURE BELOW 1.62000 If we get that closure, we are headed to 1.61600 and then 1.61000.
EURAUD Sell PosisibilityWaiting for full breakout the minor trend line. If the price break the line then we can take short position.
EURAUD Short Trade Opportunity... Full analysis on screenPrice is up against some heavy resistance @1.63 and we can also see that Bearish momentum is increasing so I guess we will see a further decline in Price in the next few days. Crucial is a break of the trend line on the other hand if there is a break of the counter trend line I will close the trade manually. I hope my on screen analysis is clear but if not feel free to ask me in the comments below.
EURAUD 15Min forecastwe expect euraud to retouch the resistance zone then push down to the next zone
