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 0.044443845748901s
t_/pages/forecast: 1x 0.04215407371521s
t_/common/header-new: 1x 0.025949001312256s
t_/common/head: 1x 0.020267009735107s
t_/common/footer-new: 1x 0.0036661624908447s
router_page: 1x 0.0010108947753906s
router: 1x 0.00072813034057617s
t_/popups/on-download: 1x 0.00068211555480957s
t_/common/cookie-banner: 1x 0.00043702125549316s
t_/blocks/sidebar-afil: 1x 0.00030803680419922s
service-routes: 1x 0.00024700164794922s
router_redirection: 1x 0.00011396408081055s
t_/popups/zoom: 1x 1.8835067749023E-5s
----- END OF DUMP (2025-06-17 00:27:06)  -----