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Euraudanalysis

💢SELL EURAUD at the best price and place💰🧨🔰You can see the analysis of the Euro-Australian dollar currency pair in the 30-minute time frame(EURAUD_ 30min) 🔍🧨🧨 💥The price is currently in the support zone caused by the UP trend line🖤 If the price can break❗ the UP trend line🖤 downwards and stabilize❗ below it, in the pullback🧐 area, the price is the best place and price to sell this currency pair, and there is a possibility that the price will fall to the DEMAND zone🔻 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 _______📈TRADER STREET📉______
Short
by TRADER_STREET
EurAud could accelerate upwards. 1.52 remains my targetLast week I said that EurAud could rise and pass above 1.5 and, with strong support under 1.48, dips should be bought. Indeed, the pair reversed from that zone and now is trading just under the upper boundary of the range and exactly in the resistance given by the falling trendline started in March. The recent break under 1.44 support is a false one and, as always, we can expect now a rise to the next important level of resistance at the 1.52 zone (which is also my target for this rise) In the short term: As we can see from the 1H chart above, the price action from the 19th is in a V, with acceleration upwards since Monday and clear resistance at 1.4950. Considering 10 days of consolidation and the clear pressure on the buy side, I expect this resistance to fall and the pair should accelerate its gains. As I said, the most obvious level of important resistance is the 1.52 zone and I expect it to be reached pretty soon after we have a valid break above 1.4950. Best Regards! Mihai Iacob
Long
by Mihai_Iacob
4
⭕️The best buying and selling areas for the EUR/AUD 🧐💣🔰You can see the analysis of the Euro-Australian dollar currency pair in the 4-hour timeframe (EURAUD_ 4H) 🔍💣 💥The price is currently in the resistance area of the down trend line🖤❗️ If the price can break the Down trend line🖤 and Resistance🧡 and stabilize❗️ above it, it can experience the upward SUPPLY zone🔺🚀 But if the price can break the up trend line🖤 and stabilize❗️ below it, it can fall to the Support🧡 🧐 which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 ____________📈TRADER STREET📉______________
by TRADER_STREET
2
EURAUD - New Impulse Brewing From the setup above we can see price is clearly on a downtrend on higher timeframes. We had a little bit of bullish pullback to previous level of supply. This was a 61.8% retracement on the Fibonacci level which aligned with the descending trendline. We have more than 3 confluences to look for sells from current price - Bearish trend still obvious - Price failed to create a new high - Rejected 61.8 Fib level - 4hr break of structure - Bounced off the descending trendline To go short on this trade, our Stop loss will be placed few pips above the trendline (1.50000). Our first take profit would be targeting the recent low where priced bounced to the upside (1.44000). Second TP will be at 1.40000. We are looking at a 450 pip swing take profit for TP1 and 800+ pip for TP2. This is a swing setup, apply risk management 💙
Short
by mariobillz7