Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5818). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.5694). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts...
on a structure wait for some breakout and get into get a nice profit.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.5802). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts...
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Strong buy trend in daily and also market just broke the flag pattern.
Euro against Australian Dollar pair, is looking to escape from a triangle pattern , which is 2 months old, may it have bullish week to attain the price level around 1.57500 area Analysis only for education purposes
Trading suggestion: There is a possibility of temporary retracement to the suggested support line (1.5510). . If so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
looks like 1st correction ended & now its good to move further.?
EURO against Australian Dollar , after a completely bearish week , Expecting this pair to off the Support area to see some buyers control this week, It may test the area of 1.59 for a breakout this week , if it happens it may trend a breakout price action.
This is a nice setup With multiple confluences- proper rejection zone, trend confirmation with 200 ema and entry done with stochatics.. Any queries- comment.... Happy Trading