EURAUD
Trade ID: euraudsell1770291300935 | Execution: 481709
Status
WON
Direction
SELL
Entry Price
1.68932
Targets Hit
1 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
1.68932
0
Filled
Feb 5, 2026 11:35 AM
Stop Loss
1.69062
13
HIT
2026-02-05 12:20:00
Take Profit 1
1.68854
7.8
HIT
2026-02-05 12:03:00
Take Profit 2
1.68763
16.9
Not Hit
-
Take Profit 3
1.68607
32.5
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
Bearish MTF alignment with FVG midline pattern suggests downside continuation. Weak Eurozone data contrasts with AUD strength from RBA hawkishness and bullish AUD/USD sequence.
Details
The SELL on EURAUD combines bearish technical confluence (FVG midline rejection, multi-timeframe bearish structure) with fundamental divergence. While ECB/BOE inaction maintains monetary policy status quo, deteriorating Eurozone retail sales (-0.5% mom vs expected -0.2%) amplifies EUR weakness. Simultaneously, AUD benefits from RBAs hawkish stance and AUD/USDs Elliott Wave impulse targeting 0.72. Volatility from impending US-Iran talks creates favorable asymmetric risk with SL placed above structural resistance at 1.6906. Though OBV divergence warrants caution, the technical breakdown below 1.6851 Fibonacci projection strengthens bearish case towards TP3 at 1.68607.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
FVG_MIDLINE pattern, MTF BEARISH, H4 bearish alignment
Fundamental Sentiment
ECB/BOE policy hold, Weak EU retail sales, RBA hawkish, Strong AUD/USD technicals
Confidence Score
65
Trade Conviction
Medium
Reasoning Completeness
High