Euro aud is moving sideways 1.73 - 1.70we are watching Euro Australian dollar moving sideways and building support. however, we know from the past that a wick kan test the levels below 1.70. In my opinion, we can have some nice longs in the upcoming days.
but first, I want to see how it will react when it touches the 1.70 zone again.
Euraudbuy
EURAUD - SWING - 21. APR. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Bullish pa above our blue entry level.
4 HOUR
Price pulled back towards our level, great long entries!
DAILY
Overall very bearish market at support zone, expecting some bullish moves finally.
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FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.71380
SL @ 1.70220
TP @ 1.73110
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Time to go long on EURUAD again? Great R:REURAUD printed a bullish candle a day ago near the 100D EMA. It was a small indication that perhaps buyers are stepping in again.
So far, the Bullish move has faded and we are almost back near the 100D EMA.
I believe this is a low-risk Buy opportunity with potential for great rewards.
EURAUD Long IdeaPlease LIKE and COMMENT on What you think of my Analysis.
Here is what we can see a plotted Expanded Flat Retracements for the Wave 2.
As you can see i have entered on the Chart where i think the last 5 sub wave of Wave C of the Expanded Flat.
Wave C on a Expanded Flat usually extends over Wave A and Retail traders sometimes think it's a Price reversal and open a Short Position which gets them caught to lose their money.
This is not a financial advise or a signal. Trade with caution and i hope my analysis helped you with your bias on EURAUD.
EURAUD SIGNAL | Follow For High Quality TradesPair: EUR/AUD
Side: Long
Our Entry Price: 1.71996
Target: Open
Stop-loss🚫
1.7175
Risk on Equity: 1%
We’re keeping a very tight stop loss on this so that we can catch this bigger move with a bigger lot size while still only risking 1%.
If we get stopped out we will look for a cleaner entry. We are expecting a big move to the upside.
EURO / AUSTRALIAN DOLLAR (EURAUD) DailyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick.
Dates in the future with the greatest probability for a price high or price low.
EURO / AUSTRALIAN DOLLAR (EURAUD) WeeklyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick.
Dates in the future with the greatest probability for a price high or price low.
EURO / AUSTRALIAN DOLLAR (EURAUD) MonthlyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick.
Dates in the future with the greatest probability for a price high or price low.
EURAUD potential bounce!
EURAUD expected to reverse up to 1st support at 1.76612 where it could potentially react and bounce to its resistance at 1st resistance at 1.87001.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
EURAUD has been going a bit sideways at the moment. I believe we could have a nice short trade around the corner. I would like EURAUD to push up to retest 1.8800, if we can see a clean rejection we could melt down to potentially 1.8500 and possibly lower if the bears take control. This pair is also at the top of our watch list.