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 0.033937931060791s
t_/pages/forecast: 1x 0.032515048980713s
t_/common/header-new: 1x 0.02141809463501s
t_/common/head: 1x 0.017917156219482s
t_/common/footer-new: 1x 0.0026218891143799s
router_page: 1x 0.00079488754272461s
t_/popups/on-download: 1x 0.00053310394287109s
t_/common/cookie-banner: 1x 0.00051307678222656s
router: 1x 0.00044512748718262s
service-routes: 1x 0.0002288818359375s
t_/blocks/sidebar-afil: 1x 0.00019001960754395s
router_redirection: 1x 0.0001060962677002s
t_/popups/zoom: 1x 1.5974044799805E-5s
----- END OF DUMP (2026-04-03 08:38:04)  -----