EN

AUDJPY - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairAUDJPY
Publication Time7/23/19 7:10 PM
Direction Sell
Status Closed (75.35)
19:09
19:09
Jul. 23, 2019
Forecast
-45 p
76.25
Stop Loss
75.80
Entry
+45 p
75.35
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on AUDJPY. As a result, we recommend considering only Short trades at this time.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. We are setting Stop Loss for our Sell trade at the level with the lowest amount of stop losses of other market participants.
    index: 1x 0.075780153274536s
t_/pages/forecast: 1x 0.068397045135498s
t_/common/header-new: 1x 0.049711942672729s
t_/common/head: 1x 0.043813943862915s
t_/common/footer-new: 1x 0.0052318572998047s
router_page: 1x 0.0027840137481689s
router: 1x 0.0012660026550293s
t_/popups/on-download: 1x 0.0011050701141357s
t_/common/cookie-banner: 1x 0.00074195861816406s
service-routes: 1x 0.00054502487182617s
t_/blocks/sidebar-afil: 1x 0.00034999847412109s
router_redirection: 1x 0.00025796890258789s
t_/popups/zoom: 1x 9.5129013061523E-5s
----- END OF DUMP (2024-07-27 04:20:07)  -----