Euraudtrade
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.
7 Dimension analysis For EURAUD 🕛 TOPDOWN - Bearish Continuation Setup for EUR/AUD
Overview: Monthly and daily analyses reveal a prolonged bearish trend with notable liquidity sweeps. Weekly analysis is pending, focusing on the daily for detailed insights.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS).
🟢 Swing Move: Impulsive.
🟢 Inducement: None observed.
🟢 Pull Back: Absent.
🟢 Ext OB: Mitigated.
🟢 Support/Demand Area: Weak demand area - possible redistribution.
🟢 Trendline: Daily trendline intact.
🟢 Buildup/Pre-break/Post-break/QC: Data insufficient.
🟢 Traps: None detected.
🟢 Time Frame Confluence: Daily.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal: Head and shoulders, double top.
Rounding Patterns: Double at the 2nd shoulder with strong rejection.
🟢 CANDLE PATTERNS
Key Considerations:
Record session count indicates a possible consolidation at this support.
Strict marubozu candle could be a climactic player.
Tower top/bottom indicates potential climax at the opening.
3️⃣ Volume:
🟢 Fixed Range suggests a profit booking area.
🟢 Good breakout volume.
4️⃣ Momentum RSI:
🟢 In a super bearish zone.
🟢 Range shift not confirmed.
🟢 No divergence.
🟢 Loud moves shifted from sideways to bearish.
5️⃣ Volatility Bollinger Bands:
🟢 Middle band rejection.
🟢 Squeeze done with breakout outside the lower band.
🟢 Walking on the band just started.
🟢 Dual band derivation supported.
6️⃣ Strength According to ROC:
🟢 Values: EUR at 0.31, AUD at 4.1. AUD exhibits more strength at this level.
7️⃣ Sentiment: After comprehensive analysis, the sentiment strongly favors a sell setup in this pair.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Bearish
☑️ Current Move: Impulsive
✔ Support/Resistance Base: Support level already broken with a momentum candle.
☑️ Candles Behavior: Momentum is bearish.
☑️ Trend Line Breakout: Confirmed.
💡 Decision: Sell at opening.
🚀 Entry: 1.63137
✋ Stop Loss: 1.6551
🎯 Take Profit: Hold until price walks on the band.
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:3.5
🕛 Expected Duration: 10 days
SUMMARY: The analysis strongly supports a bearish continuation setup. The absence of significant pullbacks and strong bearish momentum across multiple indicators suggests a favorable sell opportunity. Risk management is key, and the strategy involves holding until a clear indication of a trend reversal.
EURAUD I Technical and Fundamental Outlook 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.
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.
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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: 400+ pips easy target! Dear traders,
Hope you are doing great, with EURAUD we think price of this pair will soon drop. There are two factors first one is price already rejected multiple times and then price dropped, this technical view indicates that price will drop further as we move ahead. Secondly, fundamental side support our view, gold is expected to rise and break all time high record if the data indicates us dollar weakness. gold and aud is positively correlated which means they follow the same trend.
like and comment if you agree with the idea ! got any question comment down below. ;)
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 Technical Analysis And Trade IdeaRecently, the EURAUD has exhibited a robust downtrend. This video offers an intricate analysis of this trend, thoroughly scrutinizing price actions and unveiling prospective trading opportunities by extensively reviewing both the weekly and daily charts. Prepare for a comprehensive evaluation of price fluctuations, market trends, trend analysis, and essential technical elements. It's imperative to highlight that the content shared here is solely for educational purposes and should not be misconstrued as financial guidance.
EURAUD I Strong weekly support level and bounce from demandWelcome 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
euraud buy siignal. 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
analysis elliot 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
EURAUD I PACS strategy and your next long opportunityWelcome 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 I Potential short from top of the channelWelcome 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 Long Term Selling Trading IdeaHello Traders
In This Chart EURAUD HOURLY Forex Forecast By FOREX PLANET
today EURAUD analysis 👆
🟢This Chart includes_ (EURAUD market update)
🟢What is The Next Opportunity on EURAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts