EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Euraudidea
EURAUDHello Everyone, hope you all having a great weekend!
-What do you think of #EURUAD, the pair had consolidated for a long period and retested the equal lows, we have been expecting price to continue the bullish momentum and trend. #AUD is expected to be weak due to strong sign of DXY reversal.
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DeGRAM | EURAUD oppportunity to buyEURAUD rebounded from the support level and lower border of the channel, which act as dynamic support.
Price action is putting pressure on the channel's border, which is a dynamic resistance, and probably it will breakout.
The bears failed to make a new low at a psychological level of 1.5400.
We expect retest of the resistance level.
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DeGRAM | EURAUD level breakout EURAUD moving in the ascending channel.
Price is creating a triangle pattern, resulting in a potential AB=CD pattern if it breaks it.
The market is trading near the psychological level of 1.5600.
We expect a breakout of the resistance level and a further bullish move.
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EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
DeGRAM | EURAUD sell pullbackEURAUD broke out of the descending channel.
The market is consolidating at the resistance level after pulling back from the support level .
Price action is printing HLs and LLs and is likely to go down from the psychological level 1.5600 + resistance + trendline (dynamic resistance).
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DeGRAM | EURAUD buy pullbackEURAUD rebounded from the support level and lower border of the channel, which act as dynamic support.
Price pulled back to the support zone with deceleration and made a false break.
The market is trading above the psychological level of 1.5700.
We expect retest of the resistance level.
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EURAUD may go long according to my view (26/12/22)Educational Analysis says EURAUD may go LONG according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
On the 1HR timeframe, the pair is making lower high and higher highs which makes breaks in the previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS PRICE REACTED FROM FIB 0.5
WILL SHOOT UPTO 1.618.
ENTRY - 1.58099
STOP-LOSS - 1.57449
TAKE PROFIT - 1.63075
RISK TO REWARD RATIO IS 1:7.7
EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
DeGRAM | EURAUD buy pullbackEURAUD moving in the ascending channel and to the support level and lower border of the channel, which act as dynamic support.
Price pulled back to support zone with deceleration.
The market is trading the psychological level 1.5700.
We expect retest of the resistance level.
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DeGRAM | EURAUD ascending channelEURAUD has reached the support level and lower border of the channel, which act as dynamic support.
The price has rebounded from the psychological level of 1.55000.
We expect a further bullish move until the trend is broken.
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DeGRAM | EURAUD moving sidewaysEURAUD has reached the major resistance level .
The market is moving sideways.
Price is approaching the resistance level that was respected multiple times before. Look left.
We expect a further sideways move until the new trend is confirmed.
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DeGRAM | EURAUD ranging between levelEURAUD has reached the major support level.
The market created consolidation pattern: Cypher pattern.
Price is approaching the support zone that was respected multiple times before. Look left.
We expect a pullback.
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