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 0.046564102172852s
t_/pages/forecast: 1x 0.043493032455444s
t_/common/header-new: 1x 0.029139041900635s
t_/common/head: 1x 0.023087978363037s
t_/common/footer-new: 1x 0.0034558773040771s
router_page: 1x 0.0012259483337402s
router: 1x 0.00089478492736816s
t_/common/cookie-banner: 1x 0.00059199333190918s
t_/popups/on-download: 1x 0.00056695938110352s
service-routes: 1x 0.00030303001403809s
t_/blocks/sidebar-afil: 1x 0.0002598762512207s
router_redirection: 1x 0.00016593933105469s
t_/popups/zoom: 1x 2.0980834960938E-5s
----- END OF DUMP (2025-07-06 22:50:07)  -----