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 Time8/5/19 12:26 PM
Direction Sell
Status Closed (0.6745)
Aug. 5, 2019
Aug. 12, 2019
Forecast
-115 p
0.6880
Stop Loss
0.6765
Entry
+120 p
0.6645
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 dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
  3. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  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 0.030961036682129s
t_/pages/forecast: 1x 0.02810001373291s
t_/common/header-new: 1x 0.018922805786133s
t_/common/head: 1x 0.015850782394409s
t_/common/footer-new: 1x 0.0024459362030029s
router_page: 1x 0.0020308494567871s
router: 1x 0.00062394142150879s
t_/popups/on-download: 1x 0.00044107437133789s
t_/common/cookie-banner: 1x 0.00034189224243164s
service-routes: 1x 0.00033092498779297s
t_/blocks/sidebar-afil: 1x 0.00014281272888184s
router_redirection: 1x 0.00013995170593262s
t_/popups/zoom: 1x 4.0054321289062E-5s
----- END OF DUMP (2026-07-12 20:18:07)  -----