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Euraudlong

EurAud Daily pinabr setup- Daily Chart >> Previous daily candle ended with a bullish pin bar signalling a possible correction after a long fall. Price to be corrected to meet moving averages or retest previous daily resistance level around 1.525632 -1 hour chart >> Triple moving averages (13,21,55) crossed towards the up side providing further bullish confluence. However stochastics are over bought so we wait to see if price will do a small retrace down and then pull back up or if it will continue going down ending the daily bullish retracement. - 30 min chart >> Moving averages also crossed on this time frame and hasn't made any significant retest yet but the Price is currently testing the 200ma so we may see a pull back and then another rally up. but lets wait for price to close above the 200ma , do a small retest of that same MA b4 entering a buy. -15min >> price just bounced off the bullish MA (55) , so its possible it may not go to low b4 heading up to the 200MA on the hour chart - I will not enter this unless the price comes down a bit ..will enter a 1st position around 1.49262 once all looks well on the 15min chart ======================================================================================================================== Disclaimer: The Trade setups are based on my analyses and ideas and they are not signals or trading advice. Do your own analysis before you enter any trade based on my shared analyses. Trades are entered once criteria is met....Remember trading is risky and we can't force the market in any direction..#ExercisePatience ========================================================================================================================
by Loviss
EURAUD MULTI TIMEFRAME ANALYSISHello Traders, EURAUD is at a key zone where our interest is to Buy the retracement. This retracement could turn out to be a much bigger correction than expected. We are awaiting a clear test of the most recent money zone taken out by the 4H buyers. But currently, there is no clear test. We are expecting the price to rally till the 1.506-1.51 zone before a retest occurs. If such a bounce occurs from the above mentioned zone and price comes back to the 1.48 mark, we will be looking for buys based on our entry rules. Follow for Free Entry Signals on this trade and others from Professional Traders. IMPORTANT: Risk Management is integral in trading. Please make sure you're using safe risk management principles for your account for all trades.
Long
by AssociatedMarkets
EURAUD Looking LONGFor More Daily Detailed Analysis go ahead and Click the Follow Button.. Here we have our EURAUD chart... The EUR has seen a Huge fall as of late delivering us to key buy zones amongst Higher TF support. This allows us to locate BUY zones and Trade with the Market as it turns taking gains on the upside. Our upside Bias comes from NATURAL market moves and rules. Price is dead low and we can look to scale in over time. Price action entry levels will allow us to enter accurately. Exits come at the Resistance level located.
Long
by WillSebastian
EURAUD ready for a bounce?It's a scary idea to stand in the way of a 7% move in less than 30 days (in the currency market!!!), but we are hitting some key extremes. The daily RSI is at levels that match 2012 and 2018 (oversold) levels. The AUDUSD pair is also testing the 200dma and a year long trend line (not pictured). The EURUSD is closing in on the 1.1000 big figure level (not pictured). Put it all together, the EURAUD may be at a level that could argue a counter trend bounce. The risk overnight may be a move below the 1.5000 level to trigger some near term sell stops, but a counter trend (very small size) long may be the play near term for a move back to the 1.5400 breakdown point.
Long
by ForexAnalytix
3
EURAUD Long position daily chartEURAUD is approaching its crucial support zone marked with a blue horizontal channel. I've marked a reversal candle (Hammer) with a white rectangle when it had taken support previously from the same levels. Don't long as soon it comes in the zone. Wait for a reversal sign on a smaller timeframe- 4 hour. Risk to reward is a little over 1:5. Pretty favourable I'd say. Stop loss and target has been marked with horizontal blue lines on top and bottom.
Long
by kakaria.smit