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EURAUD Technical Analysis.


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EURAUD on H1 chart formed bearish engulfing pattern and the price is able to break the lower band and closed below. Parabolic SAR is moving above the current price indicated for bearish signal and RSI(14) which fell to level 46 while MACD formed higher low on the red zone indicated bearish sentiment. Based on that indicators and previous condition i think EURAUD will experiencing the bearish trend.

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The price is actually corrected to the lower zone after overbought one 30 minutes chart of EURAUD, not just that but bearish engulfing pattern also formed. By the way all indicators are in the same agreement where RSI fell to level 34, Stochastic observed to fall down to level 21 and Parabolic SAR is above of the current price. MACD on the red zone The price may rise towards 1.47030.

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EURAUD based on 1 hour chart formed morning star and with EMA100 is moving above the price. Parabolic SAR right now is bullish considering it exist below the price. RSI(14) in this chart observed to be bullish with rise to 48 while MACD(12,26,9) in the red zone and formed lower low indicated for bearish expectation. Based on that al it seems that EURAUD will be under bearish sentiment.

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Based on 4 hour time frame EURAUD observed to be bearish today, this indication is getting stronger because It seems most of the indicators are bearish. Stochastic is in the oversold zone means bearish signal, MACD(12,26,9) in the red zone indicated bearish, while PSAR below of the price means bearish. RSI(14) also fell to level 24 means bearish. With that the next target could be at 1.46015

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EURAUD on 1 hour chart observed to be under bearish sentiment especially with bearish engulfing pattern spotted here. The price also able to break middle band and closed below. Thanks to that it seems all indicators are bearish. RSI and Stochastic fell to lower level. Parabolic SAR is bearish with its move above the price, MACD(12,26,9) also formed lower low on red zone. The next target is at 1.4635

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EURAUD based on 30 minutes chart saw the price formed bearish engulfing pattern, followed by few black candle indicated the bearish sentiment for this pair. All indicators are agree with this trend like RSI(14) which fell to level 34, MACD formed higher low on red-zone. Parabolic SAR and EMA100 which is moving above the current price. Based on that it seems the bias is bearish and may fall down towards 1.4653

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On the 1 hour time frame EURAUD pair penetrated the upper channel and closed above the current channel gives more chance for bullish to dominat the market. Not just that all indicators seems agree with it. Macd (12,26,9) formed higher high and on green zone. RSI(14) rise to around level 86 while Stochastic (5,3,3) rise to around level 81 which means it is bullish. Bias prices is potentially strong bullish towards 1.4800 which act as psychological resistance.

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EURAUD is oversold enough as the sign for this that the price cannot even break EMA100 even has chance to do so. The price is also moving below pivot. As you can see RSI and Stochastic both fall down to around level 77 and 51. MACD is bullish in this chart with lower high on green zone, Parabolic SAR is bearish since it is above the current price. Bias is bearish and the next target is at 1.4595

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EURAUD is still moving down and has the potential to break the lower level, also the price is moving below pivot today and also EMA100. RSI in this chart observed to be bearish with fall to level 20 and so do Stochastic which fall to level 15 but this means oversold enough and sooner may do reversal. MACD on the other hand is bullish with lower high on green zone. So based on that analysis the bias of this pair is bearish but limited with support at 1.4535

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EURAUD on 1 hour time frame chart shown us the bearish sentiment which is getting deeper and the price closed below EMA100, the price also opened below pivot line. RSI in this chart seems fall to around level 38 and Stoch fall to level 31, Parabolic SAR is bearish with move above the price. Based on the analysis then this pair is predicted to be bearish with support at 1.4642

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1 hour chart indicates that EURAUD appears to weaken and the price is below EMA100, also the price opened below pivot line. RSI(14) here fall to around level 44 and Stochastic(5,3,3) fall to around level 37. Parabolic SAR moves below the price and MACD forms higher low on red zone. Based on the analysis above the 1 hour chart, the pair is predicted bearish with support at 1.4687

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EURAUD on 1 hour graphical chart show us that the price is below EMA100 and EMA50, not just that the price opening is lower than pivot line. The other aspect is RSI(14) which rise to level 32 while Stochastic(5,3,3) fall to level 25, but MACD is strong with lower low on red zone. Parabolic SAR is also above the price. Based on the overall analysis, then this pair is predicted to be bearish with support at 1.4500

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Based on 1 hour chart the price of EURAUD successfully break the middle band and closed below with the help of bearish engulfing pattern. The price is also opened below pivot line. RSI and Stoch are fall both to level 49 and 40, while Parabolic SAR is moving above the price. So i can say this pair expected to be bearish with support in this 1 hour chart is at 1.4538

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EURAUD pair on 1 hour time frame chart show the price having a great signficant bearish movement after the price able to break the resistance at 1.4400 and closed down below. In this chart Stochastic(5,3,3) fall down to level 20 while MACD formed lowers low with sharp divergence. RSI in this chart also fall down to level 45. It seems the trend is bearish with the target is at support which is 1.4300

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EURAUD in this morning have tried to test the support level at 1.4300. Based on 1 hour time frame chart the price also able to break the middle channel with hanging man formed before. EMA100 is above the price and so do Parabolic SAR. RSI and Stochastic also both fall to level 48 and 78 respectively. Based on the condition of all chart and the analysis above it seems the price predicted to be bearish with support at 1.4300

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EURAUD failed to strengthening further where the price once again closed below the middle channel band. It seems because of EMA100 rejection. As usual RSI and STochastic are both bearish with fall to around level 45 and 22 respectively, MACD which formed lower lows and Parabolic SAR which is moving above the price. Based on that this pair predicted to be bearish with support at 1.4226

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on EURAUD's 1 hour chart indicated that the price of this pair is weakening and the price is below EMA100 also pivot line. Based on this chart RSI(14) fall down to around level 45 where Stochastic(5,3,3) fall down to around level 28. MACD on this chart seems to be bearish with lower lows formation. So it seems this pair is bearish with support at 1.4263

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EURAUD on 1 hour time frame chart show a strengthening stance and it will still be continue its trend, as you can see the price able to break middle band and closed above not to mention EMA100 got a breakout. The other indicators such as Parabolic SAR observed is moving below the price while RSI 14 rise to level 62 but Stochastic seems fall towards 57. Based on the analysis then this pair is predicted to be bullish with resistance at 1.4331

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Price is still above EMA100, EMA50, Parabolic SAR, and Pivot Line. This gives indication that EURAUD still under bullish sentiment and will continue to higher level. RSI and Stochastic seems both rise to higher level where RSI to around level 59 and Stochastic to level 65. MACD in this chart seems formed lower high on green zone. So EURAUD may rise to the resistance around 1.4397

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H1 chart. EURAUD seems under bearish sentiment after bearish engulfing pattern spotted in this chart, and RSI (14) also support with by fall towards level 49. Stochastic fall to level 10 which means oversold, and MACD with lower lows on the RED zone. It seems based on that, this pair expected to be bearish and support at 1.4375 is the next target.

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EURAUD spotted in this chart formed a bearish engulfing pattern and because of that the price successfully break EMA100 and closed below. With Pivot and Parabolic SAR is above the price, then it indicated bearish sentiment. RSI(14) and Stochastic(5,3,3) both fall down to level 26 and 10. The weakening position maybe lower than this at 1.4300 before it starts correction.

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EURAUD according to 30M chart show that the price is successfuly closed above EMA100 and the opening price is above pivot line too thanks to bullish engulfing pattern which spotted before. The other indicators such as MACD is bullish with higher high, and Parabolic SAR which exist below the price. RSI(14) and Stochastic(5,3,3) both rise to level 59 and 87 respectively, so i think price will rise towards the resistance at 1.4535

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On H1 chart the price has bigger potential to break EMA100 and closed above especially with bullish engulfing pattern which formed before. This bullish sentiment supported by RSI(14) and Stochastic(5,3,3) which both are leading indicators where both rise to 54 and 42 respectively. MACD formed lower high in this case, so this pair is expected to be bullish with resistance at 1.4451

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EURAUD on H1 chart show the price opened this morning with gap down, even the price able to break EMA100 also Parabolic SAR so now both EMA100 and Parabolic SAR is moving above the price. RSI and Stochastic both fall down to around 48 and 46 respectively, where MACD formed higher lows formation. Based on the analysis above this pair expected to be bearish with support at 1.4290.

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  • 2 weeks later...

Evening star spotted here and the price failed to break the lower band channel indicated for further bearish sentiment, not just that RSI and Stochastich both seems fall towards 30 and 27 respectively, Parabolic SAR also still moving above the current price and no one break it yet. Based on this condition, it is fair to expect EURAUD to fall towards support at 1.4149

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