EURAUD Those who followed my previous idea on EURAUD should be smiling right now โ the setup has just hit the 5RR target โ
But we donโt stop here. The next plan is already on the table: Iโll be watching for EURAUD to pull back into this zone, where Iโve prepared another 1:5 RR setup for you to consider.
๐ Stay tuned and follow me so you donโt miss out on these high-probability 5RR opportunities!
๐ง Retail & Institutional Sentiment Retail Sentiment: Long (Bullish): 48% ๐ Short (Bearish): 52% ๐ Mood: Slightly bearish, with retail traders leaning towards selling EUR/AUD.
Institutional Sentiment: Long (Bullish): 60% ๐ Short (Bearish): 40% ๐ Mood: Moderately bullish, with institutions favoring buying due to Euro strength.
๐ฑ Fear & Greed Index Score: 65/100 (Greed) ๐ค Interpretation: Market sentiment leans towards greed, indicating optimism and potential overbought conditions. Exercise caution as this could signal a correction.
Macro Score: 5.8/10 ๐ Key Factors: Global trade tensions (US tariffs) weaken AUD. ๐จ Eurozone political stability concerns (Germany/France) slightly cap EUR upside. ๐ช๐บ Stronger USD impacting AUD more than EUR in risk-off sentiment. ๐ต
๐ Key Points Price Trend: EUR/AUD is in a mild uptrend๐ Sentiment Divergence: Retail traders are bearish (52% short), while institutions are bullish (60% long). ๐ Greed Alert: Fear & Greed Index at 65 suggests over-optimism; watch for pullbacks. โ ๏ธ Fundamental Edge: Eurozoneโs stable growth gives EUR a slight advantage over AUD. ๐ช Macro Risks: AUD weakened by global trade uncertainty; EUR faces political risks. ๐ Trading Caution: Avoid news-driven volatility (e.g., US tariff announcements). ๐ซ๐๏ธ