Get started

Euraudanalysis

EurAud could accelerate to the upside (1.7 target)After dipping below the key 1.6 level—both a technical and psychological threshold—at the end of November, EUR/AUD quickly rebounded and began climbing in a constructive manner. Recently, it established solid support at the 1.6350-1.6360 zone, with two notable reversals from this area observed last week. As of now, EUR/AUD is trading at 1.6507, just below a technical resistance level, with the price action showing signs of a buildup. The odds favor an upward breakout, and if this materializes, it could lead to a sharp acceleration higher. In this scenario, my swing trade target is the 1.7 mark. For now, my strategy is to buy on dips, anticipating the breakout and preparing for the upside momentum.
Long
by Mihai_Iacob
10
EUR/AUD "Euro vs Aussie" Forex Market Bullish Heist Plan🌟Ola! Bonjour! Hi! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the EUR/AUD "Euro vs Aussie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a trade anywhere, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low level should be in retreat. Stop Loss 🛑: Using the 4H period, the recent / nearest low level. Goal 🎯: 1.68900 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
EURAUD selling Trading IdeaHello Traders In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET today EUR/AUD analysis 👆 🟢This Chart includes_ (EUR/AUD market update) 🟢What is The Next Opportunity on EUR/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURAUD I Potential long to middle of the channel Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
EURAUD is in The bullish DirectionHello Traders In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET today EUR/AUD analysis 👆 🟢This Chart includes_ (EUR/AUD market update) 🟢What is The Next Opportunity on EUR/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EUR/AUD "Euro-Aussie" Bank Money Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist EUR/AUD "Euro-Aussie" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 1H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
EURAUD selling Trading IdeaHello Traders In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET today EUR/AUD analysis 👆 🟢This Chart includes_ (EUR/AUD market update) 🟢What is The Next Opportunity on EUR/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
MY EURAUD SHORT IDEA 24/11/2024NOTE: THIS IS JUST A TRADE IDEA WHICH I MAY OR MAY NOT TAKE DEPENDING ON THE OPPORTUNITY PRESENTED, PRICE ACTION, AND ECONOMIC EVENTS THAT MAY HAPPEN. PLEASE DO YOUR OWN RESEARCH! If text is glitchy please use this link regal-marlin-2d3.notion.site ! (prod-files-secure.s3.us-west-2.amazonaws.com) President Question Template: 1. Why do you want to trade at the first place? 2. Did you take into account the current market condition, data, high impact news and what’s going on? 3. Even if you made your FA few weeks ago, you **MUST** keep on track and update it time to time. 4. Don’t just have a bias from four weeks ago and execute a trade today based on that you had four weeks ago. So it all started looking at www.myfxbook.com and I looked at the heatmap where it showed bearish in all time frames for EURAUD especially in the Monthly. ! (prod-files-secure.s3.us-west-2.amazonaws.com) This gave me an idea to start shorting the currency. I looked at the chart and what I found is every economic event and data is bearish for the EURO. To support my claim you can see see that there there are many events happening on the chart and every event is putting pressure on the price. ! (prod-files-secure.s3.us-west-2.amazonaws.com) Now it is very important for me to take into account what James says here. www.elitetraders.io > **EURO Macroeconomic Factors:** > > > Eurozone growth remains sluggish, with subdued inflation limiting the European Central Bank’s (ECB) ability to pivot hawkishly. Trade challenges persist, especially with the potential for US tariffs on European goods. > > ‍ > > **Key Drivers:Wage Growth:** > > Higher-than-expected wage growth in Germany provides mixed signals for inflation. > > ‍ > > **Geopolitical Risks:** > > Ongoing trade tensions with the US and challenges in the energy sector weigh on sentiment. > > ‍ > > **Outlook:Short-term:** > > Limited upside amid weak macro data and geopolitical concerns. > > ‍ > > **Medium-term:** > > Gradual recovery if energy prices stabilize and ECB policies support growth. > > ‍ > > **Long-term:** > > Structural reforms and green transition initiatives could underpin stronger growth. > > AUD > **Macroeconomic Factors:** > > Declining energy prices and a weaker Australian-US interest rate spread have pressured the AUD. Domestic growth concerns persist, with a softening labor market and mixed performance in commodity exports. > > ‍ > > **Key Drivers:Monetary Policy:** > > The Reserve Bank of Australia (RBA) remains cautious, with markets pricing in a lower probability of rate hikes compared to peers. > > ‍ > > **Commodities:** > > Iron ore, a key export, faces headwinds from reduced demand in China, while the broad commodity complex shows mixed signals. > > ‍ > > **Outlook:Short-term (Next Week):** > > A slight rebound may occur if risk sentiment stabilizes globally, but volatility remains tied to Chinese economic data. > > ‍ > > **Medium-term (Months Ahead):** > > Modest appreciation expected if China's stimulus measures translate into higher demand for Australian exports. > > ‍ > > **Long-term (2025):** > > Structural improvements in trade balances and diversification in export markets could support AUD recovery. > According to what James has said, AUD will face some volatility in the next week for the short term according to risk sentiment stability and Chinese economic data. In the Medium term it depends on China’s stimulus measures which could translate into higher demand for Australian exports. As for EURO there are many weak macro data and geopolitical concerns with fear of US tariff on Euro. Euro must find good recovery in Energy prices in order for it to stabilize. Sentiment: ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) COT DATA EUR: ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) AUD: ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) So according to the sentiment data, we can see clearly that retail traders are favoring longing the position probably due to past price action where it bounces off of the price level 1.60425 and create a support zone. But even if hypothetically there is a support zone this zone is most likely about to get invalidated. Price is below 200 EMA signaling a bearish price action for the EURAUD and we can see lower lows on the RSI. As for the COT and SMART money we can notice that they are buying AUD and selling the EURO due to negative economic status on the EURO. ! (prod-files-secure.s3.us-west-2.amazonaws.com) Order book is showing 37 ASKS position vs 24 at the 1.62 zone. Signaling more Sell positions are present at that level giving a solid resistance zone. ! (prod-files-secure.s3.us-west-2.amazonaws.com) Calendar: ! (prod-files-secure.s3.us-west-2.amazonaws.com) AUD CPI expected to be 2.5% by WED NOV 27 which is BULLISH especially if the number is higher than 2.5%. ! (prod-files-secure.s3.us-west-2.amazonaws.com) EUR German Prelim CPI m/M ! (prod-files-secure.s3.us-west-2.amazonaws.com) We can notice that that inflation is cooling down. Correlations: I noticed negative correlation with AUDUSD and AUDCAD but there is also a positive correlation with EURJPY. ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com) ! (prod-files-secure.s3.us-west-2.amazonaws.com)
Short
by stingotho