Trading Idea Regarding EURAUDinshallah, This Currency pair is going bullish for rest of the week
1-Break Ascending Triangle Chart Pattern
2- Create Strong bullish key levels and fallowing them accurately
Euraudsetup
EurAud to break resistance, 1.62 is my targetAfter reaching a low at 1.53 zone at the end of October, EurAud has reversed strongly and has risen to 1.61. A correction followed and at this point, we can consider it over and a higher low in place at 1.56.
At this moment EurAud is facing resistance at 1.5850 zone and a break here would open the door for more gains to and above 1.62
I'm bullish as long as 1.56 is intact
Buy dips can be a good strategy for this pair
EURAUD is in sell zone!EURAUD has created a hinging man on a resistance level and it is likely to drop from this resistance.
EURAUD BUY ANALYSISPotential Bullish Reversal on EurAud
Our 1st TP will be @1.58870
Our 2nd TP will be @1.61320
Trading Idea Regarding EURAUDI am Bullish in the EURAUD Currency Pair
1-It Break the Price Structure
2-It is ready to make new higher high as shown in the chart
3-It is is in strong support region
EURAUDHello. After the failure of the specified level and the completion of the pullback, the price rises to the previous ceiling
EURAUD BUY AREALooking at another quick move to the upside from around the level of 1.58100 if we can see another rejection! target areas will be the last spike it made into 1.59000 and possibly further.
EURAUD buy tradesBit of a side ways week for a few pairs... EURAUD as been stopped at a major support and has been consolidating for a couple days. I'm looking at price making a push up from current area to atlest 1.59000 and possibly higher.
EURAUD SHORT TRADES AGAIN Risking only half a percent on this one as we seen a quick move back up to resistance area but risk reward to good not to enter another trade. So once again targets down at 1.55500 and possibly further.
EURAUD SHORT TRADE UPDATEFinally seen some better movement, got nice entry's going straight into profit at 1.56000, risk free then took out first support area with a strong 1hr candle so holding 60% of my position now with stop loss moved to entry point. Overall target I'm looking for is 1.54600!
EURAUD SHORT TRADESHoping to see another rejection at the resistance of 1.56000 for a push down into 1.55500 atlest and possibly lower.. as usual risked 1% and will move stops once in a little profit, will close most of my position down at 1.55500!
EurAud- Trade updateIn my previous post about EurAud I've argued that we can have a higher low in place at 1.5450 and I expect an upward continuation.
Since then the pair had a failed attempt to conquer 1.56 important resistance and failed.
However, bulls quickly took control and at this moment EurAud is trading again in this resistance and we can consider a new higher low is in place.
I expect this resistance to give up this time and, as I said, 1.59 is my target
EurAud- Trade updateYesterday I was wondering if we have a higher low in place for EurAud, and it looks like this at this moment with the pair putting in a morning star candle formation on our daily chart.
However, 1.5600 has proven to be strong resistance and sellers were strong here so far.
In order to continue to my 1.59 target, EurAud needs a daily close above this resistance.
Also, 1.57 zone will act like interim resistance
EurAud- Higher low in place?After breaking under 1.56 support, EurAud fell hard on Monday and reached a local low at 1.5450
At this moment the pair is recovering and there is a strong possibility of making a higher low followed by a new leg up.
I'm bullish as long as 1.5450 is intact
EURAUD BUYS OFF CURRENT SUPPORTIll be watching very closely for buy trades from around the supportive region of 1.56000 to make a bounce into 1.56500 resistance area.. this will correlate perfect with the short term upside move I'm looking for on other EURO pairs.
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EurAud- Towards my 1.59 target?After the recent low slightly under 1.54 from the end of October, EurAud has started to trade higher and managed to break above 1.56 resistance early this month.
Now the pair is consolidating and forming a pennant and a break of the resistance trend line could lead to more gains and we can see EurAud testing 1.59 resistance
I'm bullish as long as the price is above 1.56
EURAUD INTRA DAY SHORT EXAMPLEJust a little taste of they why I analyse the market, it obviously goes a lot deeper but a simple example of how you can look at taking some intra day trades from key support and resistance levels.
EUR/AUD Trying To Make Inverted Head &Shoulders , Scalping SetupThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD SHORT SWINGWaiting for pullback to go short
Confluences
a. Clear Head and shoulder pattern
b. Potential FIB
c. Strong resistance broken to support
EURAUD Weekly TF (Bullish Scenario)There's a possibility of observing bullish moves on this pair! Any reversal sign on a lower timeframe will be an initial indication of bullish movement!
EURAUD | Bearish Bias |Dear Followers,
i have identified potential head and shoulder pattern on the Weekly & Daily timeframe , which if things go as I predicted there is a good risk to reward opportunity to grab. watch carefully this pair this week.
