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 0.05733585357666s
t_/pages/forecast: 1x 0.052713871002197s
t_/common/header-new: 1x 0.032828092575073s
t_/common/head: 1x 0.025308132171631s
t_/common/footer-new: 1x 0.0049760341644287s
router_page: 1x 0.0014238357543945s
router: 1x 0.0010299682617188s
t_/popups/on-download: 1x 0.0010149478912354s
t_/common/cookie-banner: 1x 0.0006561279296875s
service-routes: 1x 0.00036501884460449s
t_/blocks/sidebar-afil: 1x 0.00028300285339355s
router_redirection: 1x 0.0001838207244873s
t_/popups/zoom: 1x 5.3167343139648E-5s
----- END OF DUMP (2025-06-10 22:47:06)  -----