Free Euro With Australian dollar (EURAUD(Forex)) Technical Analysis Signals

Overal Signal
Sell
Signals
Neutral Hold Sell Neutral
Last Update / Period
14 Jan / Daily
Category/Currency
Forex/AUD
Exchange/Country
FX/--

Euro With Australian dollar (EURAUD(Forex)) signal with technical analysis on 14 Jan

On 14 Jan, we conducted a comprehensive technical analysis of Euro With Australian dollar (EURAUD(Forex)), considering 256 signals with intricate details. Here are the key findings: 41 signals suggested buy strategies, while 92 indicated sell strategies. The remaining 123 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 11
Sell Signals: 18
Neutral Signals: 35
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 10
Sell Signals: 28
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 7
Sell Signals: 26
Neutral Signals: 31
Result: This strategy leads to a Sell position.

Strategy 4:
Buy Signals: 13
Sell Signals: 20
Neutral Signals: 31
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 41
Sell Signals: 92
Neutral Signals: 123
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Euro With Australian dollar (EURAUD(Forex)) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Euro With Australian dollar (EURAUD(Forex)) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Euro With Australian dollar (EURAUD(Forex)) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
Euro With Australian dollar (EURAUD(Forex)) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 10.18% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **Euro With Australian dollar (EURAUD(Forex))** investments.

Euro With Australian dollar (EURAUD(Forex)) Price Analysis and Support Levels:

In our current Euro With Australian dollar (EURAUD(Forex)) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 1.548
We are closely monitoring the price at 1.548, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 1.505
If the first support level is broken, the second support level at 1.505 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 1.5
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 1.5 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading Euro With Australian dollar (EURAUD(Forex)). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

Euro With Australian dollar (EURAUD(Forex)) technical analysis chart

Euro With Australian dollar (EURAUD(Forex)) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 1.674 1.707 -- -- --
Support 1.548 1.505 1.5 1.448 --
 Euro With Australian dollar (EURAUD(Forex)) Support and Resistance area (14 Jan)

Euro With Australian dollar (EURAUD(Forex)) signals list for 14 Jan

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Euro With Australian dollar (EURAUD(Forex)) candlestick patterns on 14 Jan

Today's Euro With Australian dollar (EURAUD(Forex)) Candle Patterns List:

Hammer Hikkake Pattern Engulfing Pattern

Euro With Australian dollar (EURAUD(Forex)) technical analysis over the past days

# Date Overal Signals ALL Signals
1 13 Jan Sell NeutralSellSellNeutral
2 12 Jan Neutral HoldNeutralNeutralNeutral
3 09 Jan Buy BuyNeutralHoldNeutral
4 08 Jan Hold NeutralHoldNeutralNeutral
5 07 Jan Sell SellSellNeutralNeutral
6 06 Jan Hold NeutralNeutralNeutralNeutral
7 05 Jan Sell HoldHoldSellNeutral
8 03 Jan Buy HoldHoldNeutralBuy
9 02 Jan Sell HoldSellNeutralNeutral
10 01 Jan Sell SellNeutralNeutralHold
11 31 Dec Hold NeutralNeutralHoldHold
12 30 Dec Hold NeutralHoldHoldHold
13 29 Dec Hold HoldHoldHoldHold
14 27 Dec Hold HoldHoldHoldHold
15 26 Dec Buy BuyBuyHoldHold
16 25 Dec Hold NeutralNeutralHoldHold
17 24 Dec Hold NeutralHoldHoldHold
18 23 Dec Hold NeutralHoldHoldHold
19 22 Dec Buy NeutralBuyBuyBuy
20 20 Dec Sell SellSellNeutralSell
21 19 Dec Hold HoldHoldHoldHold
22 18 Dec Hold HoldHoldHoldHold
23 17 Dec Buy BuyHoldHoldHold
24 16 Dec Buy NeutralNeutralBuyHold
25 15 Dec Neutral NeutralNeutralNeutralHold
26 13 Dec Neutral NeutralNeutralNeutralHold
27 12 Dec Sell SellHoldHoldNeutral
28 11 Dec Hold NeutralHoldHoldHold
29 10 Dec Hold NeutralHoldHoldHold
30 09 Dec Hold NeutralHoldHoldHold

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