Euraudidea
EURAUD Short Trade Opportunity... Full analysis on screenPrice is up against some heavy resistance @1.63 and we can also see that Bearish momentum is increasing so I guess we will see a further decline in Price in the next few days. Crucial is a break of the trend line on the other hand if there is a break of the counter trend line I will close the trade manually. I hope my on screen analysis is clear but if not feel free to ask me in the comments below.
#EURAUD, The bulls are here to stayA definite upward trend.
After the euraud peaked at 1.66 the currency responded with a normal correction and the euraud stopped just in support in 16343.
If you want to get into a strong trend the ideal price comes after significant 300-pips repairs as in the above case.
Target: 1.6680
#EURAUD, Continues to be powerfulIn principle, this signal could be sent first at 1.65, even now it remains a good time.
The euraud broke serious resistance in 1.6343 as can be seen in the graph above.
The euraud in a very positive trend
The candles located above the cloud and all other signs of the Ichimoku indicate continued ascents.
Target: 1.6850.
EURAUD Harmonic BAT Analysis and StrategyThis pair recently fell from a major resistance zone and price action has also recently broken below a major trend line trend line (yellow). This trend line has become a resistance zone as well. We also see the formation of a harmonic Bat Pattern and we predict it will be completed. These are all bearish technicals and our strategy is to trade the 4th leg of the pattern. FX:EURAUD
EURAUD - Analysis - ShortPrice reached the weekly resistance along with the retest of a previous broken long trend line. In the test of the weekly resistance the price broke, again, the long trend line and is now retesting it, but is already showing some rejection bearish candles. I`m waiting for a clear bearish price action to go short!