Get started

Euraudsignal

EURAUD Strong support Short opportunityHi traders! According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a downward movement in the price. Traders may consider capitalizing on this situation by initiating short positions in the EUR/AUD pair, anticipating a potential decrease in value. However, as market conditions can be unpredictable, it is essential to conduct thorough research and employ appropriate risk management strategies before making any trading decisions. Have a great trading week ahead!
Short
by TheNomadTraderYT
EURAUD : Short Trade , 1hHello traders, we want to check the EURAUD chart in the 1-hour time frame. The price has broken the ascending channel to the bottom and is pulling back to the key level between 1.63600 and 1.63900. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and fall to the specified targets. Good luck. EURAUD sell Entry : 1.63875 Stop : 1.65355 , Target1 : 1.62400 , Target2 : 1.60920 Risk/Reward Ratio : 2
Short
by mrAT_Trader
EURAUD ____ BULLISH MOVE UPDATEHello Guys, FX:EURAUD is one pair that has been on my radar and right now, it has entered a key weekly demand zone after taking out a daily buy-side liquidity. Not only that, you would notice on my chart I have marked out some buy-side liquidity pools on the 1-hour timeframe that the price would like to go hunting on its way up. Another interesting thing to note is, if you go on the weekly timeframe, you would notice the particular candle that the price has just been taken out. That candle had a strong bullish impact and we have just closed below it on the daily, so I expect the market to react accordingly. It is also based on that candle that I have decided to place my TP at that price. I would love to see the price go higher to sweep the other buy-side liquidity in the 1-hour timeframe but I am content with where my TP is. As you guys know, trading is a long-term game and you will always leave money on the table. There is no point in trying to have the best entry and exit. Just focus on each trade to win and that's all. If you have any questions concerning this trade idea or anything related to forex, feel free to ask me. Cheers, David
Long
by jabariofafrica
EURAUD Possible buy zoneCurrency Pair : EURAUD Possible direction : Bullish Technical Analysis :4h timeframe price has formed an inverted head and shoulder has broken out of the inverted head & shoulder. Daily price has just broker recent support and may reverse back to the resistance level. Weekly and Monthly are strong bullish price action lower timeframe market structure is merging with higher timeframe price action. Possible trade recommendation : Bullish on the retest of the neckline Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01
1
EURAUD ____ 7.9R BUY TRADE IDEAHello Guy, FX:EURAUD is one pair that has been on my radar and right now, it has entered a key weekly demand zone after taking out a daily buy-side liquidity. Not only that, you would notice on my chart I have marked out some buy-side liquidity pools on the 1-hour timeframe that the price would like to go hunting on its way up. Another interesting thing to note is, if you go on the weekly timeframe, you would notice the particular candle that the price has just been taken out. That candle had a strong bullish impact and we have just closed below it on the daily, so I expect the market to react accordingly. It is also based on that candle that I have decided to place my TP at that price. I would love to see the price go higher to sweep the other buy-side liquidity in the 1-hour timeframe but I am content with where my TP is. As you guys know, trading is a long-term game and you will always leave money on the table. There is no point in trying to have the best entry and exit. Just focus on each trade to win and that's all. If you have any questions concerning this trade idea or anything related to forex, feel free to ask me. I am still monitoring OANDA:USDSGD for a long. When I see my setup, I'd be sure to let you guys know. See my analysis on USDSGD below Follow me so you don't miss out. Cheers Guys, David
Long
by jabariofafrica
DeGRAM | EURAUD trend continuation opportunityEURAUD rebounded from the major resistance level, and it's approaching the psychological level at 1.62000. Price pulled back to the support, broke, and closed below the ascending channel.  The market is bullish on the daily timeframe, so it makes sense to take advantage of long trading opportunities. We expect bullish from the kill zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
11
EURAUD : Short Trade , 4hHello traders, we want to check the EURAUD chart in the 4-hour time frame. After moving in an ascending channel, the price has reached the resistance level of 1.63800 and also the ceiling of the ascending channel. We expect that this resistance level will stop the upward trend of the price and the price will reach May the specified targets fall, good luck. EURAUD sell Entry : 1.63775 Stop : 1.65455 , Target1 : 1.62070 , Target2 : 1.60420 Risk/Reward Ratio : 2
Short
by mrAT_Trader