EUR AUD Forecast Today, 29 October 2026: 300 Pips In And Every Chart Still Reads SELL. Is It Too Late To Sell EURAUD?
This EUR AUD forecast today starts with the cleanest board you will see.
Every timeframe on the Direction Sniper panel reads SELL on EURAUD: the 15 minute, the 30 minute, the 1 hour, the 4 hour and the daily. All four entry charts have a sell ticket on the board, and between them four targets have already been reached.
The 4 hour ticket alone printed on 19 October at 1.61035. EURAUD is now 1.58030, about 300 pips below that entry.
It is also today’s Pick of the Day in our currency strength today read, because it puts the weakest currency on the board, the euro, against one of the two strongest, the Australian dollar.
So after a move this big, is it too late to sell? Here is what the panel says.
1. The Board: Four Tickets, One Direction
| Chart | Entry | Signal time | Risk | Targets reached | Status |
|---|---|---|---|---|---|
| H4 | 1.61035 | 19 Oct 08:00 | 143.4 pips | 2 of 3 | Running |
| H1 | 1.58099 | 28 Oct 22:00 | 28.2 pips | 1 of 3 | Running |
| M30 | 1.58154 | 28 Oct 21:30 | 22.3 pips | 1 of 3 | Running |
| M15 | 1.57943 | 29 Oct 02:30 | 31.6 pips | 0 of 3 | Running |
The status line on every chart reads Sell on M15, M30, H1, H4. The 4 hour and the daily both read DOWN, so the direction is settled. The only question left is the entry.
2. The 4 Hour Ticket: 300 Pips In
On the 4 hour chart, EURAUD spiked up from around 1.5960 to above 1.6250 in mid October. On the chart, that rally looked like a new uptrend.
The panel never treated it as one. The daily stayed DOWN, and once the 4 hour turned back, the sell ticket printed on 19 October at 1.61035. From there EURAUD fell steadily, and every rally on the way down stopped below the one before it.
- Target 1: 1.59601, reached
- Target 2: 1.58167, reached
- Target 3: 1.56734, still open
- Trailing stop: 1.58889, 214.6 pips in front of the entry
That trailing stop is the story. Direction Sniper calculates and displays that level as the trade develops, and the trader moves their own stop to it. Done that way, this ticket can no longer close at a loss, whatever EURAUD does next.
3. The Faster Charts: Target 1 Reached Overnight
The 1 Hour
The 1 hour sell printed on 28 October at 22:00 at 1.58099, after a small bounce to around 1.5835. Target 1 at 1.57817 was reached overnight.
Since then EURAUD has drifted back to 1.58026, just 7.3 pips below the entry. Target 2 at 1.57535 and Target 3 at 1.57253 are still open, and the trailing stop sits at 1.58339.
The 30 Minute
The 30 minute sell printed half an hour earlier, at 21:30 at 1.58154. Target 1 at 1.57931 was reached too.
Its trailing stop has already come down to 1.58242, just 8.8 pips behind the entry, so most of its original risk is gone. Target 2 is 1.57709 and Target 3 is 1.57486.
The 15 Minute
The newest ticket is on the 15 minute chart, printed at 02:30 this morning at 1.57943. EURAUD dipped to around 1.5778 and then bounced, so price is now 8.1 pips above that entry.
- Trailing stop: 1.58123
- Target 1: 1.57627
- Target 2: 1.57312
- Target 3: 1.56996
No target is reached on this one yet. It is the ticket that shows whether this bounce turns back down, the way every bigger chart says it should.
4. So Is It Too Late To Sell EURAUD?
The direction is not the problem. Every chart agrees, and the 4 hour has been right for ten days.
The problem for a trader arriving today is room. A ticket that printed days ago is not the same trade from today’s price.
| Ticket | Distance to its stop from 1.58026 | Distance to its next target |
|---|---|---|
| H4 | 85.9 pips | 129.6 pips to Target 3 |
| H1 | 31.3 pips | 49.1 pips to Target 2 |
| M30 | 22.0 pips | 31.3 pips to Target 2 |
| M15 | 9.9 pips | 39.7 pips to Target 1 |
Look at the 15 minute line. From today’s price, its stop is less than 10 pips away and its first target is almost 40 pips away. That is the closest thing on this board to a fresh plan.
The 4 hour, on the other hand, is a ticket to manage, not one to start. Anyone entering it now would need an 86 pip stop to reach a target 130 pips away.
So the honest answer is: it is not too late to be on the side of the trend, but it is too late to copy an old ticket. Wait for a ticket whose numbers still make sense from where price is now.
This is the pair we are watching, not a trade recommendation.
5. Same Risk, Very Different Lot Sizes
Here is the part that keeps accounts alive.
Every ticket gets the same risk. We risk at most 2 percent per trade, usually 0.5 percent, so on a $10,000 account that is $50, whichever chart the ticket is on.
EURAUD is quoted in Australian dollars, so one pip on a standard lot is 10 Australian dollars, roughly $7 with AUDUSD near 0.70. Check the exact figure on your platform.
- The 15 minute ticket from today’s price: a 9.9 pip stop, so $50 of risk is about 0.72 lots.
- The 4 hour ticket from today’s price: an 85.9 pip stop, so the same $50 of risk is about 0.08 lots.
Same pair, same direction, same $50 at risk, and one lot size is nine times the other. A wider stop does not mean more risk. It means a smaller lot. To work out your own size in seconds, use our free EURAUD Lot Size Calculator.
On a small account, a cent account makes sizes like that possible. For small balances we recommend a RoboForex Cent account or an XM Micro account. These are partner links, so we may receive a commission at no cost to you.
If you are worrying about every trade, your lot size is still too big.
6. What Would Change The Picture
The verdict stays SELL while the 4 hour and the daily both read DOWN.
What would bring a new sell ticket: the current bounce running out, and the 15 minute turning back down through the overnight low around 1.5778. That would put the 15 minute ticket on its way to Target 1.
What would change the verdict: the 4 hour turning UP. If the 4 hour turned UP while the daily stayed DOWN, the panel would move to NO TRADE and stand aside. That is the split the mid October spike produced, before the 4 hour turned back down.
Levels to watch, read from the chart:
- The overnight low around 1.5778
- The 1 hour trailing stop at 1.58339
- The 4 hour Target 3 at 1.56734
Right Direction, Right Size
Put the board together.
The 4 hour called EURAUD lower on 19 October and is 300 pips in, with its stop now 214 pips in front of the entry. The 1 hour and 30 minute tickets reached Target 1 overnight. And the strength board this morning ranks the euro as the weakest currency and the Australian dollar as one of the two strongest.
That is Direction Sniper:
- Direction. One verdict from the 4 hour and the daily. On EURAUD it has read SELL since 19 October.
- Rallies and bounces that have not broken structure. The mid October spike above 1.6250 looked like a new uptrend. The daily never turned, and the sell ticket that followed is 300 pips in.
- The stop loss. Every ticket arrives with its stop and three targets marked, and the trailing stop level shows you when a ticket can no longer close at a loss.
The 28 Pair Edition puts this panel on EURAUD and 27 other pairs, MT4 or MT5, on one licence.
Want a read like this in your inbox? Join The Daily Sniper Read, free, every trading day.
EUR AUD Forecast Today: Frequently Asked Questions
Updated 29 October 2026. Levels are as shown on the Direction Sniper panel at the time of writing.
1What is the EUR AUD forecast today, 29 October 2026?+
The Direction Sniper panel reads SELL on EURAUD on every timeframe, from the 15 minute to the daily, so the status shows Sell on M15, M30, H1, H4.
EURAUD was around 1.58030 at the time of writing, about 300 pips below the 4 hour sell from 19 October.
2Is it too late to sell EURAUD?+
It is not too late to be on the side of the trend, but it is too late to copy an old ticket. From 1.58026, the 4 hour ticket needs an 85.9 pip stop to reach a target 129.6 pips away.
The 15 minute ticket from 1.57943 is the closest to a fresh plan: its trailing stop at 1.58123 is 9.9 pips away and Target 1 at 1.57627 is 39.7 pips away. This is the pair we are watching, not a trade recommendation.
3Which EURAUD targets have been reached?+
Four in total. The 4 hour reached 1.59601 and 1.58167, the 1 hour reached 1.57817, and the 30 minute reached 1.57931.
Price reaching a published target level is not the same as a realised result.
4Can the EURAUD 4 hour ticket still close at a loss?+
Not if the stop is moved to the panel’s level. The 4 hour sell entered at 1.61035, and its trailing stop level is now 1.58889, 214.6 pips in front of the entry.
Direction Sniper shows the trailing stop level; the trader moves their own stop order to match it.
5Why is EURAUD falling?+
On the currency strength board for 29 October 2026, the euro is the weakest of the eight major currencies, and the Australian dollar is level with the Canadian dollar as the strongest.
Pairing the weakest against one of the strongest is why EURAUD is today’s Pick of the Day.
6What would change the EURAUD verdict?+
The verdict only changes if the 4 hour turns UP. If the 4 hour turned UP while the daily stayed DOWN, the panel would move to NO TRADE and stand aside.
Levels to watch are the overnight low around 1.5778, the 1 hour trailing stop at 1.58339 and the 4 hour Target 3 at 1.56734.
7What lot size should I use on EURAUD?+
We risk at most 2 percent per trade, usually 0.5 percent, which is $50 on a $10,000 account. With one EURAUD pip worth about $7 per standard lot, a 9.9 pip stop is about 0.72 lots and an 85.9 pip stop is about 0.08 lots for the same $50.
Use the EURAUD Lot Size Calculator to work out your own size. These figures are arithmetic for illustration, not a recommendation about how much anyone should trade.
8Does Direction Sniper move my stop loss for me?+
No. Direction Sniper calculates the trailing stop level and shows it on your chart as the trade develops.
You move the stop on your own order to match it.
DIRECTION SNIPER 28 PAIR EDITION
See EURAUD and 27 more pairs the moment a ticket prints.
Direction, entry, stop and three targets on all 28 pairs. MT4 or MT5, one licence.
Disclaimer: This post reports what the Direction Sniper panel showed on EURAUD on 29 October 2026. The tickets were running at the time of writing, and prices will have moved by the time you read this. It is educational analysis, not financial advice and not a trade signal service, and nothing here is a recommendation to buy or sell. Price reaching a published target level is not the same as a realised result. A target shown as reached means price touched that level on the chart, and does not describe anyone’s trade. High and low levels are approximate readings from the chart. Pip values and lot sizes are arithmetic for illustration, depend on the exchange rate, and are not a recommendation about how much anyone should trade. Forex trading carries risk, and you should only trade money you can afford to lose.
