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Euraudanalysis

DeGRAM | EURAUD trend continuation opportunityEURAUD rebounded from the major resistance level, and it's approaching the psychological level at 1.62000. Price pulled back to the support, broke, and closed below the ascending channel.  The market is bullish on the daily timeframe, so it makes sense to take advantage of long trading opportunities. We expect bullish from the kill zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
11
EURAUD - Short active ✅Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: We are here in a bearish market structure on 1H timeframe, as price changed the character. I expect bearish price action after the price took buy stop liquidity and rejected from institutional big figure 1.64000. There is also a probability that price will go a little bit higher and then to reject from bearish order block. Fundamental analysis: Next week on Wednesday we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
EURAUD confirming an Ending Diagonal Pattern? Today’s focus EURAUD Pattern Ending Diagional Possible targets 1.6045 - 1.5905 With the AUD pushing higher on Tuesday, pressure has resumed on the EURAUD. Price looks to have formed an ending diagonal, and today sellers have started to confirm the pattern with a new move breaking the pattern. Ending Diagonal patterns are best seen at the top of trends and can be a forewarning that a change in momentum is on the cards, but we need to see the pattern complete and be confirmed by a breakout. From here, we want the break to continue with a new move down to the target areas confirming the move. Traders should be wary of a new fightback that closes back inside the ED pattern. A lot will come down the AUD and if it can continue to hold its current run. Good trading.
Short
by Eightcap
EUR/AUD looks bullish! Good RR!Hey tradomaniacs, looks like we are going to get a nice buy-signal for EUR/AUD as soon as the breakout of the trendchannel of the lower timeframe happened. As soon as we get momentum and eventually an FVG which has to be closed by a pullback, we could consider to go long in this scenario. A strengh in USD aswell as rising Yields might cause upcoming downmoves of indices and stock, which would boost this setup as AUD tends to fall harder as a risk-on-currency than EUR. What do you think?
Long
by Trading2ez
Time To SHORT ??As we surpass the 1.64 mark, I am preparing to establish a long-term short position. We have now entered a significant monthly supply/sell zone, with the price appearing to be attracted to the 1.65 level. This level also coincides with a robust monthly resistance area deeply situated within this monthly zone. There is a high likelihood that we are currently in a zone where sellers will begin accumulating positions. We can expect to see signs of buyer fatigue on lower timeframes and sideways movement as we approach the 1.65 level. I will be monitoring for a signal on my TRFX indicator above 1.64 on the 12-hour and daily charts to initiate a short position. I will gradually build the position if the price continues to climb, as we could witness a quick rise to 1.655 before a sell-off occurs. The primary target for this trade is the green line on the chart, which represents the previous high in the ongoing upward trend and is now functioning as support. We should anticipate a brief reaction here before the price moves downwards toward the green box area, a newly formed, untested demand/buy zone. Please note that this is a long-term swing trade idea and could take one to two months to fully develop, but the potential for profit is substantial.
Short
by TheFxAce
7