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Euraudlong

EUR/AUD Analysis - Will possibly break daily/weekly supportWelcome back! Please support this idea with a LIKE if you find it useful. *** EUR/AUD - Price is currently re-testing the previous week's support. We'd like to see a push lower and will be waiting for a break of support before considering any shorting opportunities. If you trade B-Swing, we recommend setting an alert as this will be a good risk to reward opportunity if it heads for 5400 zone. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. 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! Brian Kenya Horton, BK Forex Academy
by BKTradingAcademy
EURAUD, Strong Bullish Possibilities.? As salam alaikum Already shared Monthly Analysis two days ago. Few of you have asked me about Lower TimeFrame so here you go. T.A Review: Bearish Channel on Monthly TF Strong DOJI at Monthly TF Bullish Channel on Daily TF 1.56 seems to be demand zone. All are indicating Bullish Movementum F.A Review: We've got a busy week. EUR might manipulate vigorously. Dollar Strength and Covid-19 can't be ignored. T.A indicating BULLISH but AUD & EUR both are BEARISH Fundamentally. But eventually we've to be patience and watch 1.55 zone more closely.
Long
by wickywicks
EURAUD: A new BULLISH Impulse? Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : EUR/AUD ⚪ Technical Analysis : Since the end of December 2020, the price has been moving with a strong bearish impulse, reaching and bouncing few times on the main support level at about 1.56000. The price created an interesting possible double bottom pattern on the level, starting a new ascending channel on the 27th of January 2021. It is currently re-testing a S/R zone at about 1.58300, moving very close to its dynamic support line and the next price action around that zone will be essential to understand the next market movement. If you wish to have a quick look on my previous EURAUD analysis, you could click the link below 👇 🔴 Conclusion : The price was following a clear downtrend and a double bottom pattern in this specific circumstance could be an interesting sign of market reversal. I can see the market moving with a nice uptrend and I'm confident to see it bouncing on the current S/R level before moving up with a new bullish impulse. I'll definitely keep this market in my watchlist and I'll be waiting a proper rejection before entering long in this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Long
by FXtrades-gp
8
EURAUD trend reversal Yesterday we saw the possibility of reversing the trend at EURCAD. Today we observe EURAUD. This week we saw a break, a higher bottom, and yesterday the price managed to make a higher peak. All this signals the depletion of the downward direction. This allows us to search for purchases to: 1.6020 and 1.6230 This scenario fails when the previous bottom breaks! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
Long
by ForexTrendline
1