Euraudtrade
EURAUD TECHNICAL ANALYSIS +100 PIPS BULLISH MOVE, STRONG SUPPORTEURAUD failed to create a lower low creating a strong support at 1.55980. So now we can expect an inversion of the trend with the formation of higher highs and higher lows, the 100% confirm of the creation of a bullish structure is at the break of the bearish trend line respected correctly since December. Before entering for a buy i will wait for a clear retest of support at 1.56550.
EURAUD Bearish Candle Rejected from 1.5730 SR LevelHi Traders,
This pair is bearish and we are adding Short Positions in this pair. Now again there is a chance to enter in sell due to following confluences.
1. Downward Channel
2. Price Reject from S/R area (1.5730)
3. Engulfing Red Candle
4. Daily Bearish Trend.
Lets See how price action unfolds.
EURAUD BUY ON DIPS As i can see this pair has drop allot now reach at near daily based support zone
so we expected this retest to our design levels from given buying area we will trade this pair for a small risk and higher rewards
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EUR/AUD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you. As Always we will have to wait for a confirmation
EUR/USD: Day-Swingtrade-Preparation
Market-Sell: 1,60225
Stop-Loss: 1,61120
Point Of Risk-Reduction: 1,59560
Take-Profit: 1,58290
Stop-Loss: 89 pips
Risk: 0,5% - 1%
Risk-Reward: 2,15
snapshot
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Peace and good trades
Irasor
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EUR/AUD: long trade setuphi !
happy 2021 and best wishes for your well being
suggested level to open the position: 1.5870
timing to open: with the market opening Sunday US afternoon, Africa/European night or Monday morning if in Asia/Pacific :)
time frame: the coming week
those are guidelines for the general trade setup and the risk management with it.
any questions, feel free to ask!
good luck
EUR/AUD could FALL!Hey tradomaniacs,
after the previous breakout and retest of the trendchannel we could see another drop of EUR/AUD.
A bullish stockmarket is usually a great confirmation for that assumption as AUD/USD and NZD/USD tend to rise stronger than EUR/USD.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
EURAUD Buy1. Long-term trend - price ranging sidewards.
2. In the shorter-term the downward trend is expected to reverse as the price is about to hit the SUPPORT level as well as the merging triangle pattern.
3. the price level is likely to bounce back and froth between the resistance levels, but is expected to keep rising in the next few weeks.
EurAud- Bulls needs to conquer 1.62Yesterday EurAud had a false break under 1.6150 important support which was reversed quickly after.
At this point, we have a higher low in place exactly in this support and the pair looks very well bided.
A break above 1.62 would confirm that the pair could correct further and gains should accelerate to 1.6350 resistance.
I will stay bullish as long as yesterday's low is intact
EurAud- Can it drop under support?Two days ago I was speaking about 1.6150 support and that EurAud can correct towards 1.65. This didn't happen, MORE, the pair had a false break above the triangle's resistance and now is trading just in pattern's support.
With Eur "not feeling good" at all and AUD being very strong a break under this support followed by a break under 1.62 can lead to the continuation of the downtrend and we can see the pair trading under 1.6 for the first time since the pandemic.