EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairAUDUSD
Publication Time2/3/20 7:14 AM
Direction Sell
Status Closed (0.6700)
Feb. 3, 2020
Feb. 10, 2020
Forecast
-120 p
0.6820
Stop Loss
0.6700
Entry
+130 p
0.6570
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. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  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. The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
  4. MVP line is above the price and acts as a resistance level.
  5. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
    index: 1x 0.028645038604736s
t_/pages/forecast: 1x 0.027070999145508s
t_/common/header-new: 1x 0.018455982208252s
t_/common/head: 1x 0.013406991958618s
t_/common/footer-new: 1x 0.0022780895233154s
router_page: 1x 0.0007178783416748s
router: 1x 0.00049710273742676s
t_/popups/on-download: 1x 0.00041913986206055s
t_/common/cookie-banner: 1x 0.00033998489379883s
service-routes: 1x 0.00016307830810547s
t_/blocks/sidebar-afil: 1x 0.00012302398681641s
router_redirection: 1x 8.4877014160156E-5s
t_/popups/zoom: 1x 1.1205673217773E-5s
----- END OF DUMP (2025-08-11 15:40:08)  -----