Weekly EURAUD Technical Analysis and Forecast - Forex

You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.

Weekly forecast Euro / Australian Dollar technical chart

Symbol

EURAUD

Download MT4 template file

Trade Setup

#EURAUD
Total Profit: 1459 pip
Closed trade(s): 109 pip Profit
Open trade(s): 1350 pip Profit

Trade Setup:
We opened 10 SELL trade(s) @ 1.5994 based on 'Two-day reversal candle(Shooting Star)' at 2019.01.10 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/E...

Closed Profit:
TP1 @ 1.5885 touched at 2019.01.11 with 109 pip Profit.

Open Profit:
Profit for one trade is 1.5994(open price) - 1.5844(current price) = 150 pip
9 trade(s) still open, therefore total profit for open trade(s) is 150 x 9 = 1350 pip

Trading suggestion:

We have already opened Sell trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

Date January 19, 2019 - 14:26

Current range bound

Forecast beginning of downtrend

Midterm forecast:

There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend.

Technical analysis:

A peak is formed in daily chart at 1.6780 on 01/03/2019, so more losses to support(s) 1.5670, 1.5530, 1.5345 and more depths is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 44.

Take Profits:

1.5885
- Support on 01/11/2019
- Resistance on 12/10/2018
- Peak on 12/10/2018
- Resistance on 07/20/2018
- Resistance on 07/11/2018
- Resistance on 07/03/2018
- Peak on 07/03/2018
- Resistance on 05/15/2018
- Resistance on 05/14/2018
- Resistance on 05/10/2018
- Support on 05/03/2018
- Support on 04/19/2018
- Support on 04/18/2018
- Support on 04/17/2018
- Support on 04/12/2018
- Support on 04/10/2018
- Support on 03/22/2018
- Support on 03/21/2018
- Support on 03/19/2018
- Resistance on 03/08/2018
- Resistance on 03/07/2018
- Resistance on 03/06/2018
- Resistance on 03/05/2018
- Resistance on 03/02/2018
1.5670
- Support on 12/13/2018
- Support on 12/12/2018
- Trough on 12/12/2018
- Support on 11/26/2018
- Support on 11/22/2018
- Support on 11/21/2018
- Support on 11/20/2018
- Resistance on 11/14/2018
- Resistance on 11/13/2018
1.5530
- Support on 11/29/2018
- Support on 11/28/2018
- Support on 11/15/2018
- Support on 06/18/2018
- Resistance on 06/11/2018
- Resistance on 06/08/2018
- Resistance on 06/01/2018
- Support on 05/22/2018
- Support on 05/21/2018
- Resistance on 12/21/2017
- Resistance on 12/20/2017
- Resistance on 12/14/2017
- Support on 12/12/2017
- Support on 12/06/2017
- Support on 12/05/2017
- Support on 11/24/2017
- Resistance on 11/22/2017
- Resistance on 06/06/2016
- Resistance on 06/02/2016
- Resistance on 05/31/2016
- Resistance on 05/30/2016
- Resistance on 05/26/2016
- Resistance on 05/25/2016
- Resistance on 05/24/2016
- Resistance on 05/23/2016
- Resistance on 05/20/2016
- Resistance on 05/19/2016
- Resistance on 05/18/2016
- Resistance on 05/17/2016
- Resistance on 05/12/2016
- Resistance on 05/11/2016
- Resistance on 05/06/2016
- Resistance on 02/22/2016
- Support on 02/16/2016
- Support on 02/05/2016
- Resistance on 02/03/2016
- Resistance on 02/02/2016
- Support on 01/21/2016
- Support on 01/15/2016
- Support on 01/14/2016
- Support on 01/13/2016
- Support on 01/08/2016
- Resistance on 10/30/2015
- Resistance on 10/29/2015
- Resistance on 10/28/2015
- Support on 10/20/2015
- Support on 10/19/2015
1.5345
- Support on 12/03/2018
- Trough on 12/03/2018
- Support on 06/07/2018
- Support on 06/06/2018
- Support on 05/29/2018
- Support on 01/25/2018
- Resistance on 01/22/2018
- Resistance on 01/18/2018
- Resistance on 01/08/2018
- Resistance on 01/05/2018
- Support on 12/22/2017
- Support on 12/18/2017
- Support on 12/15/2017
- Support on 12/14/2017
- Resistance on 10/26/2017
- Resistance on 10/25/2017
1.5075
- Support on 11/09/2017
- Support on 11/08/2017
- Support on 11/07/2017
- Resistance on 10/23/2017
- Resistance on 10/20/2017
- Support on 10/09/2017
- Resistance on 10/02/2017
- Resistance on 09/29/2017
- Resistance on 09/28/2017
- Resistance on 09/22/2017
- Resistance on 09/21/2017
- Resistance on 08/31/2017
- Resistance on 08/30/2017
- Resistance on 08/29/2017
- Resistance on 08/28/2017
- Resistance on 07/07/2017
- Resistance on 07/06/2017
- Resistance on 05/26/2017
- Resistance on 05/22/2017
- Resistance on 05/18/2017
- Resistance on 09/15/2016
- Resistance on 09/14/2016
- Resistance on 09/13/2016
1.4910
- Support on 09/27/2017
- Support on 09/26/2017
- Support on 09/25/2017
- Support on 09/08/2017
- Support on 09/04/2017
- Support on 08/25/2017
- Resistance on 08/21/2017
- Resistance on 08/09/2017
- Resistance on 08/08/2017
- Resistance on 08/07/2017
- Resistance on 08/02/2017
- Support on 07/06/2017
- Resistance on 07/04/2017
- Resistance on 06/30/2017
- Resistance on 06/29/2017
- Support on 05/18/2017
- Support on 05/17/2017
- Resistance on 05/05/2017
1.4670
- Support on 07/31/2017
- Resistance on 07/27/2017
- Support on 06/27/2017
- Support on 06/21/2017
- Support on 06/19/2017
- Support on 06/16/2017
- Support on 05/12/2017
- Resistance on 05/03/2017
- Resistance on 12/30/2016
- Resistance on 11/09/2016
- Resistance on 10/13/2016
- Resistance on 10/12/2016
- Support on 10/07/2016
- Resistance on 10/03/2016
- Support on 09/30/2016
- Support on 09/05/2016
- Resistance on 08/16/2016
- Support on 08/03/2016
- Support on 08/02/2016
- Support on 08/01/2016
- Support on 07/29/2016
- Support on 07/25/2016
- Support on 07/22/2016
- Support on 07/21/2016
- Support on 07/20/2016
- Support on 03/23/2016
- Support on 03/14/2016
- Support on 03/10/2016
- Support on 03/09/2016
1.4040
- Resistance on 04/03/2017
- Resistance on 03/30/2017
- Resistance on 03/17/2017
- Resistance on 03/16/2017
- Resistance on 03/15/2017
- Support on 03/13/2017
- Resistance on 02/09/2017
- Support on 02/02/2017
- Support on 01/19/2017
- Support on 05/27/2015
- Support on 05/22/2015
- Support on 05/21/2015
- Support on 05/20/2015
- Support on 05/19/2015
- Support on 05/12/2015
- Support on 05/06/2015
- Support on 05/05/2015
- Resistance on 04/09/2015
- Support on 04/01/2015
- Support on 03/31/2015
- Support on 03/30/2015
- Resistance on 03/27/2015
- Resistance on 03/26/2015
- Resistance on 03/18/2015
- Resistance on 03/11/2015
- Support on 03/09/2015
- Support on 03/06/2015
- Support on 01/23/2015
- Support on 01/22/2015
- Support on 01/19/2015
- Support on 01/16/2015
- Support on 09/11/2014
- Support on 09/10/2014
- Support on 09/03/2014
- Support on 09/01/2014
- Support on 08/29/2014
- Support on 11/07/2013
- Support on 07/05/2013
- Support on 06/28/2013
- Support on 06/19/2013
- Resistance on 06/17/2013
- Support on 06/12/2013
- Resistance on 06/10/2013
- Resistance on 10/04/2011
- Resistance on 08/09/2011
- Support on 03/22/2011
- Support on 03/16/2011
1.3675
- Support on 02/23/2017
- Support on 02/22/2017
- Support on 04/29/2015
- Support on 04/28/2015
- Support on 11/24/2011
- Support on 11/22/2011
- Support on 10/07/2011
- Support on 10/06/2011
- Support on 09/28/2011
- Support on 09/27/2011
- Support on 08/26/2011
- Support on 08/15/2011
- Support on 08/08/2011
- Resistance on 08/05/2011
- Resistance on 06/10/2011

Click on the level to view price action history.

Symbol	Released	Current	Forecast
Euro / Australian Dollar (EURAUD)	Sun, 14 Apr 2024
Euro / Australian Dollar (EURAUD)	Sun, 7 Apr 2024
Euro / Australian Dollar (EURAUD)	Sun, 31 Mar 2024
Euro / Australian Dollar (EURAUD)	Sun, 24 Mar 2024
Euro / Australian Dollar (EURAUD)	Sun, 17 Mar 2024

History

Languages

website utilities

About Us

ForecastCity News

More than 21,000 subscribers from 206 countries

Links

Forex
AUDSGD
CHFSGD^free
EURSGD
GBPSGD^free
NZDSGD
SGDJPY
USDSGD
USDTRY^free

1,978	1,582	1,442	1,407
1,155	622	595	556
496	470	456	454
415	408	379	293
274	267	263	258
240	217	206	198
197	186	175	173
168	154	140	138
132	125	123	123
120	119	110	101