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Euraudanalysis

EURAUD : Short Trade , 1hHello traders, we want to check the EURAUD chart in the 1-hour time frame. The price has broken the ascending channel to the bottom and is pulling back to the key level between 1.63600 and 1.63900. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and fall to the specified targets. Good luck. EURAUD sell Entry : 1.63875 Stop : 1.65355 , Target1 : 1.62400 , Target2 : 1.60920 Risk/Reward Ratio : 2
Short
by mrAT_Trader
EURAUD Possible buy zoneCurrency Pair : EURAUD Possible direction : Bullish Technical Analysis :4h timeframe price has formed an inverted head and shoulder has broken out of the inverted head & shoulder. Daily price has just broker recent support and may reverse back to the resistance level. Weekly and Monthly are strong bullish price action lower timeframe market structure is merging with higher timeframe price action. Possible trade recommendation : Bullish on the retest of the neckline Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01
1
DeGRAM | EURAUD trend continuation opportunityEURAUD rebounded from the major resistance level, and it's approaching the psychological level at 1.62000. Price pulled back to the support, broke, and closed below the ascending channel.  The market is bullish on the daily timeframe, so it makes sense to take advantage of long trading opportunities. We expect bullish from the kill zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
11