AUDEUR trade ideas
#EURAUD: Two Major Buying Zones|, Which One Are You In? Hey Everyone
Following a substantial bullish candle, the price failed to maintain the bullish momentum and swiftly transitioned into a bearish position, effectively eradicating the bullish gain. Nevertheless, we remain optimistic that the price will retain its bullish trend in the upcoming weeks. We have identified two potential areas where price may reverse from either of the two zones. You are welcome to set take profit and stop loss orders based on your own investment strategy. It is advisable to closely monitor the prices before making any trading decisions.
We extend our sincere best wishes and best of luck in your trading endeavours. Your unwavering support is greatly valued.
If you wish to contribute, we have provided several avenues for your assistance:
- Liking our ideas
- Commenting on our ideas
- Sharing our ideas
Team Setupsfx_🚀❤️
EURAUD BEARISHEURAUD
4Hr TF
1. We have a completed Wedge / Flag. Once a flag is completed, we should always expect a drop
2. Confluence, We also have 3 zones, which complement our setup, which we believe would push this pair down
3. SS+ FOZ, we also have a fake-out zone concept that might be at play on this pair and push it down.
#003 Investment Opportunity LONG EUR/AUD
The EUR/AUD pair is showing an interesting technical-macro context that suggests a possible bullish development in the next sessions. The analysis conducted integrates multi-timeframe elements, advanced indicators, institutional positioning and macroeconomic context, concluding in a coherent view in favor of a long position.
🔍 Multi-timeframe technical analysis (8H, D, W)
On 8H and daily timeframes, EUR/AUD has broken the descending bearish trendline and is building a new structure of higher lows above the long-term moving average. The weekly chart shows a consolidation above the static support of 1.7400, with candles that are starting to configure potential reversals.
📊 Main technical indicators
WaveTrend and RSI are bullish but not overbought, offering room for further extensions.
The Stochastic has just crossed upwards in the restart zone, confirming the market's intention to reverse the previous bearish push.
🌀 Harmonic patterns and cyclical
We are in the initial phase of a new bullish cycle. The completion of a possible "inverse Gartley" pattern coincides with the currently tested technical support levels. The short-term cyclical shows a clear end of the previous bearish cycle.
🧱 Key supports and resistances
The price has bounced strongly from the dynamic support represented by the 200-hour moving average and the static support in the 1.7420 area. The immediate target is the structural resistance at 1.7950, already tested in the past as a reaction point.
📈 Volumes and volume profile
The volume profile highlights a strong accumulation in the area between 1.7450 and 1.7550. No excess visible in the distribution, which suggests a still “light” movement with potential for expansion.
🕯 Candlestick patterns and price action
The last 8H candle is a bullish engulfing, closed above the moving average and with increasing volumes. The three previous candles show a compression and accumulation pattern.
🔗 Correlations and geometries
The divergence with AUD/USD (which appears weak) and the inverse correlation with EUR/JPY in strengthening give further strength to the bullish picture. Historical fractals also show symmetries that have occurred in similar macro contexts.
📊 Pattern Statistics
Similar patterns on EUR/AUD – post trendline breakout with bullish structure on 8H – have shown a positive outcome in 81% of cases on historical samples greater than 100.
📉 Retail Positioning
Current sentiment shows retail heavily positioned short, creating a potential contrarian effect in favor of buyers.
🏦 Institutional Positioning (COT)
COT data signals an increase in net long positions on the euro and a reduction on AUD, compatible with a directional reversal.
🧮 Fundamental Macroeconomic Analysis
EUR supported by expectations of monetary stabilization by the ECB, without new imminent tightening.
AUD penalized by weak exports and softer tones from the RBA.
Macro differential slightly in favor of EUR.
📊 Intermarket Relative Strength
EUR shows increasing strength against commodity currencies, including AUD. This reinforces the bullish thesis, also confirmed by the capital inflows on the euro.
📰 Real Sentiment and Newsflow
The latest macro news and institutional reports confirm a cautious positioning on the AUD. No imminent driver justifies a structural strengthening of the Australian currency.
🌪 Implied and Historical Volatility
Volatility is growing, but still within optimal historical ranges for sustained directional movements. The current ATR is above the average of the last 10 years, a favorable condition for breakouts.
📆 Macro Event Risk
No disruptive event expected in the next 48 hours. The economic calendar is neutral and does not threaten the technical structure in formation.
📉 Minimum Volatility Threshold
The current range and ATR exceed the minimum values of statistical validity, ensuring that the movement is not a false compression breakout.
EUR/AUD ShortEUR/AUD Short
Minimum entry requirements:
- 1H impulse down below area of interest.
- If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
- If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
- If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
- If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
Looking to Buy for EURAUD for this week and next week price rejected daily resistance level and forming a bearing red candle.
The 4H changes structure to confirm the pull back. Since the daily is still bullish, we wait for the 4H time frame to change structure from bearish to bullish!
Price has broken 4H short term trend line, and created a higher high. I always enter at the breakout, but also enter more position if price pulls back lower.
I hope this helps
EURAUD: Bearish Continuation is Highly Probable! Here is Why:
The price of EURAUD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EURAUD 1H is forming a Harmonic Reversal pattern
Price formed ABCD Harmonic Reversal pattern with a neckline as current Temporary Resistance.
• ✅ Entry is triggered only after no new lower low is formed and higher high and higher low is printed.
• Instant Buy
• Stop Loss is at the recent lower Low (safe and logical placement). A bit lower than D Point
• 🎯 Take Profit levels are based on measured move projections.
Trade Plan:
• Instant Buy = 1.76767
• Stop Loss = 1.76106
• Take Profit 1: 1.77428
• Take Profit 2: 1.78057
• Lot size : 1:2 Risk Reward Ratio
EURAUD is forming a Harmonic Reversal pattern.
Key Highlights:
• ✅ Pattern: ABCD
•⚠️ Confirmation: on PRZ price bounced + Bullish candle
• 🔄 Risk Management: Tight SL, 2 TP levels
• 🧩 Confluence: ABCD + Price bounced on D point
EURAUD forming a top?EURAUD - 24h expiry
Price action looks to be forming a top.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Preferred trade is to sell into rallies.
Risk/Reward would be poor to call a sell from current levels.
Bespoke resistance is located at 1.7805.
We look to Sell at 1.7805 (stop at 1.7840)
Our profit targets will be 1.7705 and 1.7680
Resistance: 1.7830 / 1.7850 / 1.7880
Support: 1.7710 / 1.7680 / 1.7650
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURAUD - Bearish Trend to Start - Harmonic + Divergence ComboHello Friends, Market after making series of HH and HLs, have finally made a fantastic Bearish Divergence on 1H time frame which is clear sign of correction.
Further market has almost completed AB=CD harmonic pattern, which is suggesting Potential Reversal Point as marked.
these confluences suggest a bearish trend to start
We are waiting for the neckline (HL) to break with a good candle and then we enter into the market with TP1 and TP2 with a R:R of 1:1 and 1:2 respectively. Further, place stoploss slightly above the HH.