EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairAUDJPY
Publication Time11/15/19 10:04 AM
Direction Sell
Status Closed (73.70)
Nov. 15, 2019
Nov. 22, 2019
Forecast
-195 p
75.65
Stop Loss
73.70
Entry
+190 p
71.80
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. Majority of traders are still holding onto Longs. This means we should continue to Sell AUDJPY.
  2. The increase in buyers is observed both in the downward movement and in the retracement movements. Retail traders still believe in the possibility of price increase.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
    index: 1x 0.051784992218018s
t_/pages/forecast: 1x 0.048352003097534s
t_/common/header-new: 1x 0.029497861862183s
t_/common/head: 1x 0.021155118942261s
t_/common/footer-new: 1x 0.0071520805358887s
t_/popups/on-download: 1x 0.0013408660888672s
router_page: 1x 0.0012328624725342s
router: 1x 0.00097799301147461s
t_/common/cookie-banner: 1x 0.00068402290344238s
service-routes: 1x 0.00045609474182129s
t_/blocks/sidebar-afil: 1x 0.00038599967956543s
router_redirection: 1x 0.00018501281738281s
t_/popups/zoom: 1x 3.2186508178711E-5s
----- END OF DUMP (2025-02-05 08:59:02)  -----