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-   -   EUR/AUD (https://www.forexfactory.com/showthread.php?t=112791)

james1254 Nov 1, 2018 2:52pm | Post# 2481

EUR/AUD broke out below 1.5900 and continues falling, next target is likely at 1.5800.

shyean Nov 5, 2018 5:02am | Post# 2482

1 Attachment(s)
Hello fellow traders,

H1 chart, consider long?

Thanks

Click to Enlarge

Name: EURAUDH1.png
Size: 29 KB

james1254 Nov 5, 2018 11:39am | Post# 2483

It does appear bullish on the smaller time-frames, but that will likely be just a retracement before the overall bearish trend continues.

MidehBushcut Nov 6, 2018 5:29am | Post# 2484

[quote=shyean;11658737]Hello fellow traders, H1 chart, consider long? Thanks {image}[

Am also on this Trade and I went Long but the Market have been going short and is like the sellers are really waxing stronger. What is ur take? Will there be a retracement?

shyean Nov 6, 2018 7:14am | Post# 2485

1 Attachment(s)
Hello MidehBushcut,

I'm still holding to my long position as i think it is oversold and a possible retracement. Shaded regions are where i would consider short.

Thanks

Click to Enlarge

Name: EURAUDH1.png
Size: 29 KB

[quote=MidehBushcut;11662611]
Hello fellow traders, H1 chart, consider long? Thanks {image}[ Am also on this Trade and I went Long but the Market have been going short and is like the sellers are really waxing stronger. What is ur take? Will there be a retracement?

MidehBushcut Nov 6, 2018 8:52am | Post# 2486

[quote=shyean;11663012]Hello MidehBushcut, I'm still holding to my long position as i think it is oversold and a possible retracement. Shaded regions are where i would consider short. Thanks {image}
{quote}
Thanks for encouraging me hold On...it getting Longer Bro

james1254 Nov 7, 2018 11:26am | Post# 2487

The move to the downside continues. Unless the pair forms a double bottom at 1.5740 next target will likely be at 1.5700.

james1254 Nov 8, 2018 12:57pm | Post# 2488

The pair remains very bearish and broke out below 1.5700, it will likely break out below 1.5600 too.

james1254 Nov 9, 2018 12:30pm | Post# 2489

The pair found some support at 1.5635 and is currently consolidating above that level, but next week it will likely continue falling.

james1254 Nov 12, 2018 12:51pm | Post# 2490

The pair finally broke out below 1.5635 and it will likely continue moving to the downside. Soon there will likely be a breakout below 1.5600 too.

james1254 Nov 13, 2018 12:16pm | Post# 2491

EUR/AUD briefly broke out below 1.5600 today but it quickly retraced back above that level. That said, the move to the downside will likely continue.

james1254 Nov 14, 2018 11:41am | Post# 2492

The pair finally found some support at 1.5570 and formed a spinning top candlestick at that level on the daily time-frame before bouncing off from the support. Net target is likely at 1.5800.

Skurgent Nov 14, 2018 12:22pm | Post# 2493

Long on EURAUD

james1254 Nov 15, 2018 11:37am | Post# 2494

The bearish trend continues despite all indications for a retracement and the pair may continue falling towards 1.5500.

james1254 Nov 16, 2018 1:19pm | Post# 2495

The pair bounced off from 1.5520 and it is currently consolidating sideways, next week there will likely be a breakout below 1.5500.

james1254 Nov 20, 2018 12:35pm | Post# 2496

EUR/AUD did break out above 1.5500 and it the move to the upside continues. It may soon break out above 1.5800 too.

james1254 Nov 21, 2018 1:21pm | Post# 2497

The pair bounced off from 1.5780 and began retracing to the downside, next target is likely at 1.5600.

james1254 Nov 22, 2018 12:51pm | Post# 2498

The pair is consolidating sideways above 1.5670 and there likely won't be a breakout before the end of the week.

james1254 Nov 23, 2018 1:19pm | Post# 2499

EUR/AUD is still testing the support at 1.5670, next week there will likely finally be a breakout below that level.

james1254 Nov 25, 2018 8:37am | Post# 2500

The sideways consolidation clearly continues for now, but next week there may finally be a breakout below 1.5670.


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