Euraudanalysis
EURAUD Sell Opportunity- Price is in an overall bearish trend.
-Price then found support at the monthly demand/support zone.
-After finding support price made a bullish push, which also serves as a retracement.
-Price is also currently respecting the 50.0 fib level.
- I am anticipating another bearish move and will watch the 4hr time frame for a candlestick reversal pattern before entering a sell.
-If price close as a a doji/indecision candlestick I will enter a sell.
What are your ideas, please like or comment and share your analysis!
euraud. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURAUD psychological level EURAUD is testing the psychological level at 1.62000.
Price is trading in the ascending channel, which acts as dynamic support.
We can see that the price has entered the consolidation zone and bounced off the level multiple times.
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AUDUSD and EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURAUD Strong support Short opportunityHi traders!
According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a downward movement in the price. Traders may consider capitalizing on this situation by initiating short positions in the EUR/AUD pair, anticipating a potential decrease in value. However, as market conditions can be unpredictable, it is essential to conduct thorough research and employ appropriate risk management strategies before making any trading decisions.
Have a great trading week ahead!
DeGRAM | EURAUD structure based tradeEURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance, which is a psychological level at 1.6500.
The market made a divergence, meaning the market made a shallow new high.
Price is likely to go down from the strong resistance level .
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EurAud to resume its uptrend (Nice R:R trade)After reaching 1.67 high EurAud started to drop and test the important support level at 1.61
A nice bullish structure followed this rop and test of support and now the pair seems ready to resume the up trend.
Buy dips under 1.63 could be a good idea and such a trade would also have a nice R:R
EURAUD nicely fulfilled my last idea what nextEuraud nicely hitt our sell target and give us 600+ pips ( tagged ).
Now I expect some more bullish retracment before further drop.
And we have an area for selling is bearish trend line marked on chart and there is a horizontal zone also.
So wait for the area for selling opportunity.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
EURAUD 14May2023This analysis is still in accordance with last week's analysis, only now is the price seeing an upward correction, I marked the correction area with 3 blue box areas, there is a possibility that the price can correct high enough to the top box then continue to fall again. adjust your trading style when the price approaches the area that I have marked
EURAUD : Short Trade , 1hHello traders, we want to check the EURAUD chart in the 1-hour time frame. The price has broken the ascending channel to the bottom and is pulling back to the key level between 1.63600 and 1.63900. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and fall to the specified targets. Good luck.
EURAUD sell Entry : 1.63875
Stop : 1.65355 , Target1 : 1.62400 , Target2 : 1.60920
Risk/Reward Ratio : 2
EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.