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Eur-aud

Tell Me Your Bias with EAMoving 1,800 pips, I would rather hold Litecoin (badjoke). Anyway, for once my bias is neutral because honestly I've never seen anything like this in my life as far as price action and average true range going through the roof. I'm looking for new perspectives that can give me more insight. Please post your TA and FA below for EUR pairs this week. The goal is to predict their move in the next 12 hours. I will not be trading this for fundamental reasons between the community markets of Europe and Australia interlink with Chinese and Russian suppliers manipulating that side of their economy. My focus this week for me is on the EUR and the USD 22:57:13 (UTC) Wed Apr 29, 2020
Long
by TayFx
26
EURAUD AnalysisFrom its peak on 16th March, within less than 2 months we've seen price drop -16%. However, from this chart pattern we could expect to see a reversal and from a COT perspective banks are now adding Euro longs while reducing their Australian dollar holdings which could also suggest that the market could be bottoming out and attempt to create a base. We are keeping an eye on current levels to see if we see any bullish signs and if the overall longer term bullish trend will continue.
Long
by Ironclad_Investments
1
EURAUD appears oversold Signal ID: 71671 Time Issued: Wednesday, 29 April 2020 06:00:15 GMT Status: open Entry: 1.65496 - 1.66364 Limit: N/A Stop Loss: 1.64192 The Congestion Opportunities Strategy has just bought EURAUD at 1.6593. The system recommends entering this trade at any price between 1.65496 and 1.66364. The signal was issued because the 28-hour Relative Strength Index indicates that the EURAUD may be overbought, while the Speculative Sentiment Index reading of 1.34148 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.01738, so the stop loss has been set at 1.64192. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades.
Long
by FXCM
4
EUR/AUD LONG SWINGHello traders! Been watching this pair, closed at +70 pips before the market went flat after US session. Closed the trade before the market closed even tho it was semi-safe but with the current market conditions, you never know what could happen. This is defiantly a swing trade with high potential profit! LOOKING FOR ENTRY NEXT WEEK! This will be more of a swing trade and so far looking really nice for swing trade potential! I posted this idea before but it had text errors with the wrong pair in the title.. sorry :/
Long
by illDior
2
EUR/AUD: Don't miss this opportunity ! Check out my trading planHi guys, I hope you are doing well. EUR/AUD is facing a strong H4 resistance (pink cloud) and is currently consolidating. As you can see we've been in a downtrend and now the pair is moving in a channel below the daily pivot. As soon as this structure breaks, I will short the pair. My minimum target will be the 50% fib extension level @ 1.68600. As you can see the reward is huge ! Please show some love, interactions, whatever you want, if you like my work. Cheers, Jesse *** Trade at your own risks ***
Short
by SwissPips
EURAUD - SWING - 21. APR. 2020Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Bullish pa above our blue entry level. 4 HOUR Price pulled back towards our level, great long entries! DAILY Overall very bearish market at support zone, expecting some bullish moves finally. - FOREX SWING BUY EURAUD ENTRY LEVEL @ 1.71380 SL @ 1.70220 TP @ 1.73110 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
14