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Euraudlong

EURAUD LongPotential EA long idea. we have a currently running EA long swing position on weekly. we have been looking to trade EA to the long side on intraday basis since last week and we have had 1 win and 1 loss on it. last time I lost I went long as EA pulled back to 8 on daily and SL got hit. EA tagged 20 on weekly and bounced right back up. today we are looking for EA to pull back to CPR (tag and rejection) and PD AVWAP in London session and go long with SL beneath CPR / V block.
Long
by Osiris992
EURAUD continues in the upward move.EURAUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 1.6825 will confirm the bullish momentum. Short term RSI is moving higher. We look to Buy at 1.6750 (stop at 1.6690) Our profit targets will be 1.6900 and 1.6930 Resistance: 1.6850 / 1.6900 / 1.6925 Support: 1.6750 / 1.6700 / 1.6675 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURAUD Long Term Selling Trading IdeaHello Traders In This Chart EURAUD HOURLY Forex Forecast By FOREX PLANET today EURAUD analysis 👆 🟢This Chart includes_ (EURAUD market update) 🟢What is The Next Opportunity on EURAUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short
by ForexPlanet20
Trade Plan for EUR/AUDTrade Plan for EUR/AUD in a Bullish Trend: Trade Objective: Exploit the ongoing bullish trend in EUR/AUD with a breakout strategy. Follow Us for More: For additional trading insights, follow us. Market Analysis: Pair: EUR/AUD (Euro/Australian Dollar) Timeframe: 1-hour (1H) Market Condition: Strong bullish trend with no signs of reversal patterns or divergences. Entry Strategy: Entry Point: Place a Buy Stop order at the price of 1.6847 to enter the trade if the market breaks above the current Highest High (HH). Stop Loss (SL): Set the stop loss at 1.6742 to limit potential losses. Take Profit (TP): TP1: Place the first take profit level at 1.6953. TP2: Set the second take profit level at 1.7060. Risk Management: Ensure that the risk-to-reward ratio is reasonable and aligns with your trading strategy. Only risk a predetermined percentage of your trading capital, typically not exceeding 1-2% per trade. Monitoring and Adjustment: Continuously monitor the trade for any signs of trend reversal or unexpected news events. Consider adjusting the stop loss to a breakeven point as the trade moves in your favor. Exit Strategy: Close the position at TP1 or TP2 if reached. Exit the trade if you observe signs of a trend reversal or if the market moves against you. Remember that while this plan is tailored to the current market conditions, it is essential to exercise prudent risk management and remain vigilant. Stay updated on market developments and consider following professional advice or additional market analysis for a well-rounded trading strategy.
Long
by AshrafAliFX
EURAUD 📈Long, Swing TradeEUR/AUD TECHNICAL ANALYSIS, Long, Swing Trade 📣EUR/AUD fell to multi-month lows in late September but started to rebound soon after. The negative market sentiment due to heightened geopolitical tensions in the Middle East reinforced the pair’s recovery, pushing prices towards the 50-day exponential moving average and the 50% Fibonacci retracement of the August/September decline. This area currently presents a formidable hurdle for the bulls (~1.6700). Looking ahead, traders should keep a watchful eye on two critical technical levels: overhead resistance around 1.6796 and 1.6899 and short-term trendline support at 1.6545, which also roughly coincides with the 100-day simple moving average. When considering potential outcomes, a resistance breakout could send EUR/AUD towards 1.6796. In the event of sustained strength, the spotlight will shift to this year’s peak. Conversely, if support is breached, sellers may be emboldened to drive prices towards 1.6400. Below that threshold, attention will shift to the lows observed in September. 📣Indicators: As we can see the two moving average in our Gogo trend indicator has changed to Blue in color and fast MA above slow MA which means it is in uptrend. Moreover, the Currency strength indicator at the bottom of the chart shows EUR (orange line) turns up and is going to cross with AUD (deep blue line), it is a sign this currency pair will has a obvious trending status. 📣Reference from tradingview.com, it shows EURAUD and EURNZD in Strong Buy as well. www.tradingview.com www.tradingview.com
Long
by ICT_Trader_SB
EURAUD I Potential upside Hello,Traders! . . . . . EURAUD is trading in an uptrend on the weekly and a downtrend on the daily. 1.6640 structure daily high was recently broken and created a new high at 1.6703. The price has pulled back to the neckline area and showing rejection from 1.6557 support. If this support holds, price will likely continue to the upside to retest 1.6700 zone. LONG! Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Long
by BKTradingAcademy
1
Choppy DayThe EUR was among a host of currencies today that spent most of the session in a range. EURAUD here was constrained mostly to a 30 pip boundary, making entries difficult. USDCAD was a sell around lunch time, but I was away from the desk at the break point. It looks like the pair has given back the post CPI gains. USDJPY is a notable exception at the time of writing, pushing up towards 149.800 on an extended move that is yet to pull back to the 9 EMA. The most looked extended as it broke the HoD though, so I wasn't particularly interested in getting involved. With all that said, I'm still favouring EURAUD for the watch list tomorrow given the breakout on Thursday. With just under an hour left in the session, that could change if we see a sustained flush below 1.66400 and close near the breakout level of 1.66160, which we could do given the expected daily move. I am a little disappointed by this break out given how lucrative a similar move was on CADJPY a few weeks back. There we saw several follow through days of buying which lead to multiple entries and an overnight hold. So I really do want to see the bulls step in soon here or I think this may be a dud.
Long
by RuckSack
EURAUD Long Term Buying Trading IdeaHello Traders In This Chart EURAUD HOURLY Forex Forecast By FOREX PLANET today EURAUD analysis 👆 🟢This Chart includes_ (EURAUD market update) 🟢What is The Next Opportunity on EURAUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
Looking for EURAUD stem dips.EURAUD - 24h expiry - We look to Buy at 1.6475 (stop at 1.6415) Broken out of the channel formation to the upside. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 1.6600 will confirm the bullish momentum. The measured move target is 1.6700. Our profit targets will be 1.6625 and 1.6655 Resistance: 1.6600 / 1.6650 / 1.6700 Support: 1.6500 / 1.6450 / 1.6425 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
Long
by VantageMarkets