EURAUD Breakdown: Bearish Continuation Ahead of ECBEURAUD is showing signs of renewed downside pressure as fundamental and technical forces align in favor of Australian dollar strength. With the European Central Bank expected to hold rates steady and provide a cautious growth outlook, the euro remains vulnerable. Meanwhile, upside surprises in Austr
About Euro / Australian Dollar
The Euro vs. the Australian Dollar. This pair is considered to be a great barometer for global risk. In 2012, during the European sovereign debt crisis the EURAUD reached its low. Since then, due to the European Central Bank’s policy of Outright Monetary Transactions (OTM or the “whatever it takes” measure ) the pair has recovered substantially.
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EURAUD is currently showing signs of a bearishEURAUD is currently showing signs of a bearish trend continuation. Despite short-term upward movement driven by optimism around the ECB, the overall structure remains vulnerable to downside pressure.
The European Central Bank (ECB) is expected to keep interest rates unchanged, potentially ending a
EURAUD: Rebound to 1.798 is high probabilityI am watching for a reversal here EURAUD as marked on my chart, expecting a rejection with a upside target at around 1.798.
This are is where it can become a decision point, either price finds support and bounces, or it breaks below, and that’s when we might see the move start to extend lower.
If
EURAUD is poised to confirm a bearish Head & Shoulders pattern.EURAUD is poised to confirm a bearish Head & Shoulders pattern.
The price could move higher today on hopes that the ECB can share some positive news on the economy and interest rates.
The European Central Bank is expected to keep interest rates unchanged, ending a seven-year streak of cuts.
If
EURUAD is in the Buy directionHello Traders
In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today EUR/AUD analysis 👆
🟢This Chart includes_ (EUR/AUD market update)
🟢What is The Next Opportunity on EUR/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Th
EURAUD: Waiting for the FVG Tap and Confirmation to ShortPrice ran previous liquidity and dropped aggressively, creating a clean FVG.
I’m now watching for price to retrace into that imbalance and form a strong bearish candle. If it does, I’ll be looking to short down
Clean structure. Just waiting for confirmation.
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EURAUD FORMING BEARISH FLAG PATTERN IN 4H TIME FRAMEEURAUD Bearish Flag Pattern Suggests Further Downside Ahead
The EURAUD pair is currently exhibiting a bearish flag pattern on the 4-hour chart, indicating a potential continuation of the downtrend. Price action remains confined within a secondary corrective phase, but the primary bearish trend is e
EURAUD to find buyers at previous support?EURAUD - 24h expiry
The primary trend remains bullish.
We are trading at oversold extremes.
Preferred trade is to buy on dips.
Risk/Reward would be poor to call a buy from current levels.
Bespoke support is located at 1.7760.
We look to Buy at 1.7760 (stop at 1.7715)
Our profit targets will
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.