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Euraudlong

EURAUD approaching 1st support, potential for a bounce!Price is approaching 1st support, which is in line with our 78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal swing low support and ascending trendline support. We could potentially see a bounce at this level and further rise up towards 1st resistance, which is in line with 61.8% Fibonacci retracement, 61.8%,161.8% Fibonacci extension and horizontal overlap resistance. Stochastics has also just bounced from the 11.71 level where it has reacted from before. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
EURAUD - Bullish BiasEUR - BULLISH 1️⃣ Optimism about a strong economic recovery was supported by signs of an acceleration in the vaccine pace in Europe. 2️⃣ Several EU countries continued their efforts to re-open their economies, while upbeat economic data released on Friday showed that consumer prices in the Euro Area rose in March by the most in over a year. AUD - BEARISH 1️⃣ The risk-averse market environment could pressure the AUD. ===== Technical ===== - We are buying the EURAUD at RBS on the M15 chart. This is short term trading strategy from Monsun Asia. - Risk reward ratio is 2:1. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia
EURAUD Falling Channel BreakoutEURAUD Falling Channel Breakout & Retest Done. EURAUD Falling Channel existed since October 20, 2020, and just broken and rested the broken zone. I am expecting a Bull Rally from here. I have also mentioned all the expected TPs in the chart. Use only 3% Risk of Your Account If you are taking this trade, please do proper Risk and Money Management as I will not be responsible for any loss. You will be the only one who will be responsible for the loss if any. Happy Trading!
Long
by unitsol
EURAUD facing bullish pressure, potential for further downside!Price is holding above both the Ichimoku cloud and ascending trendline support, showing bullish pressure in line with our bullish bias. We could potentially see further upside above our 1st support, in line with 61.8% Fibonacci retracement, 78.6% Fibonacci extension and ascending trendline support, towards our 1st resistance, in line with 78.6% Fibonacci extension, -27.2% Fibonacci retracement and horizontal swing high resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
2
EUR/AUD NEW BUY CONFARMANATION..... EUR/AUD CREATE SYMETRIC TRYANGLE PATTERN AND BREAKOUT ITS RISISTANCE LEVEL 1.55777 LEVEL. ALSO SHORT TIME FAME MAKE BUTTERFLY PATTERN .SO, IT PROBABILITY TO BUY NOW. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Long
by AronnoFx
4
EURAUD TP1 HIT & TP2 MANUALLY CLOSED IN PROFIT +70 PIPS IN TOTALHi guys, another trade well executed on Wednesday which activated our TP1. once our TP was hit we monitored the trade closely to see whether we could achieve a higher high target but eventually we realised that price was going to pull back and decided to manually close our TP2 for a further 35 Pips. all together on this pair we have achieved a massive +70 pip gain. We are currently in a new trade this morning now which is USD/CHF. Keep your eyes pealed for an update on the next live trade. Happy Thursday everyone. Hope you're all smashing this week.
Long
by Forexinsightsuk