Get started

EURAUD

EURAUD H4 | Potential bullish momentumEUR/AUD has just reacted off a pullback support and momentum could potentially carry price higher. Buy entry is at 1.65166 which is a pullback support. Stop loss is at 1.64450 which is a level that sits under an overlap support that aligns with the 38.2% Fibonacci retracement level. Take profit is at 1.66740 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
1
EURAUD - Look for Continuation Short 1:5! Building upon the previous analysis of EURAUD as shared in the link: The recent price action indicates a ranging phase before a potential break of the previously identified Monthly Support Level. Considering the principle that larger time frames involve longer accumulation phases before transitioning into trending phases, it seems plausible that a downtrend may be in the making. The two strong rejections and the formation of a Double Top Chart Pattern, a reversal pattern, support this observation. In navigating this scenario, exercise patience and adopt a waiting approach for the price to convincingly break the monthly support. Seek confirmation through a strong breakout with a closed body and be vigilant for the crucial retest phase before considering any moves. Given the onset of a new Yearly Candle, it's advisable to allow the price to establish its own structures, especially after most investors have positioned their orders. Stay tuned for further developments.
Short
by S-Fx_
2
Euraud a pullback to be supported and bounce?Tradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watching for this pullback on lower timeframe to play out and hold , then look to long Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
by Shadowing_The_Big_Boys
EURAUD: Possible Swing Movement of 660 pips expected! FX:EURAUD on daily candles of last few days breakthrough and now dropping back to demand zone where we expect price to bounce strongly and at least we expect target one to accomplished by end of January. While target two and three remain a long away from our current price area. Stop Loss should be below the strong wick of daily candle. From fundamentals side AUD will be weaken and EURO can be bullish for next few months, taking entry will require a strict risk management as this is a swing trade, do not expect to achieve the target in couple of hours or days. Good luck and trade safe.
Long
by Setupsfx_
14
EURAUD H4 | Potential bullish bounceEUR/AUD has just bounced off a pullback support and could potentially rise towards our take profit target. Entry: 1.65169 Why we like it: There is a pullback support level Stop Loss: 1.64606 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Take Profit: 1.66742 Why we like it: There is a pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
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.
Long
by fxtraderanthony
Double zigzag continuation? or wave (B) sideways patternDear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you. However, please note that I am not providing any buy or sell signals. My goal is to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. In the attachment, I have included my previous analysis of the same market so that you can compare and see the. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily). I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, (Mr. Nobody)
by mehdi47abbasi79
EURUAD I Potential downward movement from weekly reversal zoneWelcome 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 Is Very Bearish! Sell! Here is our detailed technical review for EURAUD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.649. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.640 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1