EURAUD: 300-600 PIPS Buying Bias! EURAUD consolidating in daily timeframe, in our view there are two areas where price can head towards. First is where we think price can continue the bullish move towards 1.80. In our second area, where price can drop hard and take out the daily sell side liquidity. At the current market condition our second scenario looks more suitable.
Good Luck ;)
Euraudbuy
EURAUD: 10/04/2024 | SetupsFX_ |Dear Traders,
As we had explained before that EURAUD is likely to rebound once it come nears to a discounted price zone and price just did the exact same thing. Currently, we need ample volume for momentum to begin upwards, this trade currently in beginning stage and it is likely to continue rebounding as we progress. We need to keep an eye out at the downtrend trend line which remain vital for our trade to hit our target. If price rejects there then it is likely that it will create another lower low and may continue dropping.
Good Luck and Trade Safe.
EURAUD - Buy - LongLooking to buy after the break above the HMA on the 1HR TF. Will buy if it dips into the Buy Side LQ Swing/Zone/Order Block area. Buying strategy involves waiting for the break above the HMA and retest of the buy side LQ zone.
**This is solely my trading strategy and not financial advice.**
**Please trade with proper risk management.**
EURAUD Trading Plan 10/Apr/2024Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go Up after completing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURAUD I It will bounce from demand zone - BUY Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD 113 PIPS LONG READ DESCRIPTION
1. **Support and Demand Zone**: EUR/AUD is currently within a buying zone, specifically situated in a support and demand area spanning from 1.65560 to 1.65680. This suggests a region where buyers are likely to enter the market, indicating a favorable area for initiating long positions.
2. **Trader Sentiments**: The sentiment among traders for EUR/AUD reveals that 62% of traders are holding long positions, while 38% are holding short positions. This sentiment leans towards the bullish side, implying a positive outlook for the pair.
3. **Technical Analysis Indicators**:
- Daily Summary: The daily summary indicates a strongly bullish sentiment, with 15 buy signals, 9 neutral signals, and only 1 sell signal.
- Moving Averages: There is a strong buy signal in the moving averages, with 15 buy signals, 1 neutral signal, and 0 sell signals.
- MACD, Momentum, Bull Bear Power, CCI, RSI, ADX, Stochastic, Stochastic RSI: All these indicators are signaling buy opportunities, reinforcing the bullish bias.
- ATR (Average True Range) and Average Intraday Range %: These indicators suggest a high level of volatility, with an average intraday range of 91.61%, indicating ample trading opportunities.
- EMA (Exponential Moving Average) and SMA (Simple Moving Average): Both EMA and SMA (ranging from 10 to 200) are indicating a buy signal.
- HMA (Hull Moving Average): The HMA (9) is also signaling a buy.
4. **Trade Targets**: According to your analysis, there are two target prices set, with a target of 113.1 pips. These targets provide clear objectives for traders and help in managing risk and profit-taking strategies.
In conclusion, the technical analysis, combined with trader sentiments, suggests a strongly bullish outlook for EUR/AUD. The current positioning within the buying zone and support and demand area indicates a favorable opportunity for long positions. Additionally, the plethora of buy signals across various technical indicators reinforces the bullish bias. Traders should monitor the trade closely and adhere to risk management strategies, considering the high volatility indicated by ATR and average intraday range %.
EURAUD I Intraday long opportunity from support zoneWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD - Bullish price action ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action from here as price almost filled the imbalance and now we could see a rejection from support zone + FIBO 0.618 level.
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EURAUD I Ranging but expect price to react from EUR CPI data Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD - Long to resistance ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: As we can see here price is in a range for couple of weeks, so I expect to see a rejection from support zone + institutional big figure 1.65000. My target is resistance zone.
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EURAUD | 4 Hour Bullish ContinuationEURAUD could fall rise if it can stay above 1.64585.
Why 1.64585?
The price for the EURO is increasing which means Australians have buy the Euro at a higher price. But what is this is the time for them to buy it at discount before it goes back up?
Evidence
High(H) & Low(L)
Per the 4 our timeframe, price is increasing. The current rise price of the Euro price per the Australian Dollar has been 1.66052(H), 1.64584(L), 1.66123(H),
We can see the high and low prices are increasing hence what is called Higher highs and higher lows.
Actions
The best action to take is to buy since currently the trend is up. That is what the chart per this timeframe is showing.
If this trade plays out there is possibility price could pass the high at 1.66123.
Sidenote:
Your Reward to Risk will vary from mine analyzing this trade using your own risk management strategy and trading plan.
What can invalidate this trade?
If price pushes lower than 1.64585, the trade in invalidated.
Should you trade this?
If this fits how you trade, yes.
If not no.
Let's keep it that simple.
I hope you enjoyed this analysis.
Like this post and share it if you did.😁
Many blessings,
Shaquan
EURAUD - Look for a short position ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here I think we are bearish, so I look for a short position if price fulfills the imbalance higher and then rejects from bearish order block. My target is liquidity below equal lows.
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EURAUD I Scalp & intraday long opportunity Welcome back! Let me know your thoughts in the comments!
** EURAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD Technical Analysis and Trade IdeaThe EURAUD is currently exhibiting a bullish bias with increasing momentum. On the 4-hour timeframe, a retracement has brought the pair to a key support level, potentially presenting a trade opportunity at the Fibonacci 61.8 retracement. It's crucial to note, however, that the pair is currently somewhat extended, leaving the possibility of further downside before establishing a firm footing.
In the video, I analyze two potential trade scenarios: one for the 4-hour timeframe and another for the daily timeframe. While I believe these strategies merit consideration, please remember that this information is intended for educational purposes only and should not be construed as financial advice. It's essential to conduct your own due diligence before taking any trading positions.
EURAUD - Long for buy side liquidity ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: We can see here that price forms higher lows and higher highs, so I am looking only for longs. For now I expect bullish continuation after price rejected from bullish order block, I see price to take buy side liquidity.
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EURAUD Still on Bull Run or Shorting Will Start {22/08/2023}Educational Analysis says EURAUD may move in this range for some time according to my technical.
Broker - FXCM
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because EURAUD is in an uptrend from a very long time.
There is a lot for stop loss orders under every new higher low.
Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high.
Let's see what this pair brings to the table in the future for us.
The Red line is the high and low of the current price.
If any trade setup I may find please check in the comment section.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
EURAUD Looking BullishIn my assessment, the EURAUD chart displays an exhaustion gap, hinting at a potential rise in prices. Be cautious in your trading decisions.
From my viewpoint, I've recognized an exhaustion gap on the EURAUD chart, indicating a likelihood of an upward trend. Exercise prudence in your trades, and I extend my best wishes for your success
EURAUD I Daily correction in process and intraday on 8 hrWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and 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!
euraud. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade