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Euruadanalysis

EURAUD I Short and long trade plan 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. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
2
EURAUD I Potential bearish continuation 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. Thanks for your continued support!
Short
by BKTradingAcademy
2
EurAud could rise 400 pipsRecently, FX:EURAUD breached the 1.63 support level. However, after reaching a low of 1.6220, the pair swiftly reversed, indicating a false breakout. Over the past three weeks, the pair has formed a falling wedge pattern, hinting at a potential reversal to the upside. Confirmation of a bullish scenario would come with a break above the descending trend line. In the medium term, EURAUD could ascend and retest the recent high at 1.6680. I maintain a bullish stance on this pair as long as the recent low remains unbroken.
Long
by Mihai_Iacob
EURAUD I Scalp & Intraday Short from resistance zone 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. Thanks for your continued support!
Short
by BKTradingAcademy
1
EURAUD: 10/04/2024 | SetupsFX_ |Dear Traders, As we had explained before that EURAUD is likely to rebound once it come nears to a discounted price zone and price just did the exact same thing. Currently, we need ample volume for momentum to begin upwards, this trade currently in beginning stage and it is likely to continue rebounding as we progress. We need to keep an eye out at the downtrend trend line which remain vital for our trade to hit our target. If price rejects there then it is likely that it will create another lower low and may continue dropping. Good Luck and Trade Safe.
Long
by Setupsfx_
11
EURAUD 4 HR | Bearish ContinuationGBPAUD could fall 225 pips if it can stay below 1.65699. Why 1.65699? Let's just round it and say $1.657 Australian dollar. The price for the EURO is decreasing which means Australians are able to buy the Euro at a cheaper price. Evidence High(H) & Low(L) Per the 4 our timeframe, price is declining. The current falling price of the Euro price per the Australian Dollar has been 1.65700(H), 1.62723(L), 1.65699(H), 1.64281(L). We can see the high and low prices are decreasing hence what is called LOWER LOWs and LOWER HIGHs. Actions The best action to take is to sell since currently the trend is down. That is what the chart per this timeframe is showing. The best price to sell below as stated above is 1.65699. The entry price is between 1.65350 and 1.65699. This range equates to 35 pips. This means if you enter at market order, you can wait for price to enter the range and provide evidence price can decrease. Or, if you set a pending order , you can set a pending order at 1.65350 with a TP down to the low or further. Why do I believe price can fall 225 pips? This is a Reward to risk drop from the pending order price of 1.65350 based on my stop loss placement. Sidenote: Your Reward to Risk will vary from mine analyzing this trade using your own risk management strategy and trading plan. What can invalidate this trade? If price pushes higher than 1.65699, showing evidence buyers have taken control, the trade in invalidated. What would this mean? If you entered the trade and price went higher than 1.65699 you'd be stopped out. However, if price were to continue lower without pushing past the highs, you'd be in profit. Should you trade this? If this fits how you trade, yes. If not no. Let's keep it that simple. I hope you enjoyed this analysis. Like this post and share it if you did.😁 Many blessings, Shaquan
Short
by ShaquanLopez
2
edges up as US inflation print fuels Fed rate cut speculation 26 January 2024, 17:04 •EUR/USD rises in North American trading, buoyed by softer US core PCE inflation data. •Fed's core PCE index fall to 2.9% raises hopes for interest rate cut, aiding EUR/USD's climb. •Mixed European signals: German consumer confidence falls, Spanish unemployment at 16-year low, ahead of Fed decision. The EUR/USD gained some 0.14% in early trading during the North American session as prices in the United States (US) remained above the US Federal Reserve’s goal but eased compared to November’s figures. The major trades at 1.0866 after diving to a low of 1.0812. The Euro got a life-line of a softer US PCE report The Fed’s preferred gauge for inflation, the Personal Consumption Expenditures (PCE), rose 2.6% in the 12 months to December, as expected on an annual basis, while core PCE dipped from 3.2% to 2.9% and below forecasts. After the data, the EUR/USD climbed sharply and clocked a daily high of 1.0885 before retreating toward current exchange rates, as the data reaffirmed investors' speculations that the Fed could begin cutting rates by the summer. The CME FedWatch Tool depicts the odds for a quarter of a percentage rate cut by the Fed at 51.4%, while 50 basis points stand at 37.8%. Nevertheless, US Treasury bond yields reversed its course, climbing higher and putting a lid on the EUR/USD rise. Meanwhile, data across the pond showed that German consumers remain pessimistic amidst economic uncertainty after the GfK Consumer Confidence for February plunged from .25.4 in January to -29.7. In Spain, the Unemployment Rate fell to levels last seen in 2007, from 11.84% to 11.76% in the last quarter of 2023, according to an INE report. Ahead of the next week, the main spotlight would be the Federal Reserve’s monetary policy decision on January 30-31. EUR/USD Price Analysis: Technical outlook Following the US data release, the EUR/USD advanced towards 1.0900 but failed to break yesterday’s high, which could pave the way for a pullback to the 200-day moving average (DMA) at 1.0843. Downside risks are seen at today’s low 1.0812, followed by the 1.0800 figure. Conversely, if buyers lift the spot prices above 1.0900, as they eye the 50-DMA at 1.0920.
Long
by sniper_2022
1
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. Thanks for your continued support!
Short
by BKTradingAcademy
#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. ;)
Short
by Setupsfx_
4
The ECB needs to keep interest rates above the 4% threshold to "IMF Europe Director Alfred Comer warned the ECB that if it does not cut interest rates soon, it will be forced to tighten monetary policy more costly later. The headquarters of the European Central Bank in Frankfurt am Main, Germany. (Photo: AFP/TTXVN) The International Monetary Fund (IMF) said on November 8 that rapid wage growth in the euro zone could push inflation further higher. The European Central Bank (ECB) should therefore keep interest rates at record levels next year to "ease" price pressures. Last month, the ECB broke its record of 10 consecutive interest rate hikes. Markets are therefore predicting that the bank's next move could be a rate cut in April.
Long
by AstronautPioneer
Bullish and Bearish EURUSD OutlookBullish and Bearish EURUSD Outlook What we see we trade, as we are end of Sept 2023 last weekly of trade playbook for EURUSD. Monthly Playbook As we have witness 38.2% of Fibonacci scale multiple touches at the same time RSI 8 is crossing from top to RSI 13. (RSI 45.78) As we see we are bearish trend. To read the same after July candle inverted candle. ( & ) perfect text book example of inverted candle. Aug candle with upper and lower wick engulfing candle. As we are in month of Sept last week did touch 38.2% Fibonacci Scale but did not close below we are still one more week to get this monthly candle. Weekly Playbook As we have witness last week close as inverted hammer weekly ( ) Again we see inverted hammer is close below 38.2% of Fibonacci scale, ( )which mean we are having bearishness in market as well monthly candle is near to 61.8% clustering with 38.2% Fibonacci Scale. Daily Playbook There are is similarity checker ( ) as identify on 18th July with fractal formation and market becomes a bearish. Last couple of day getting rejected from bottom creating double bottom candles. With Fibonacci Scale last 2 candles. Thursday 21st Sept 2023 candle perfect text book example close 38.2% and Friday 22nd Sept candle is 50% which mostly likely to get failed mean as we see rejection from bottom will not carry out to bullishness. ( ) As market open we will update on the same link as real time any new trend.
by shoonya0000
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
Long
by ForexPlanet20
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
Long
by ForexPlanet20
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
Long
by ForexPlanet20