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 0.030097961425781s
t_/pages/forecast: 1x 0.028264045715332s
t_/common/header-new: 1x 0.017206192016602s
t_/common/head: 1x 0.014183044433594s
t_/common/footer-new: 1x 0.0032730102539062s
router_page: 1x 0.00072383880615234s
t_/popups/on-download: 1x 0.0005500316619873s
router: 1x 0.00052285194396973s
t_/common/cookie-banner: 1x 0.00043392181396484s
service-routes: 1x 0.00017404556274414s
t_/blocks/sidebar-afil: 1x 0.00013399124145508s
router_redirection: 1x 9.2983245849609E-5s
t_/popups/zoom: 1x 2.1934509277344E-5s
----- END OF DUMP (2025-11-10 21:58:11)  -----