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 0.027299165725708s
t_/pages/forecast: 1x 0.02375602722168s
t_/common/header-new: 1x 0.015084981918335s
t_/common/head: 1x 0.01223087310791s
t_/common/footer-new: 1x 0.0021669864654541s
router: 1x 0.00092506408691406s
router_page: 1x 0.00089287757873535s
t_/popups/on-download: 1x 0.00041604042053223s
t_/common/cookie-banner: 1x 0.00030779838562012s
service-routes: 1x 0.00024700164794922s
t_/blocks/sidebar-afil: 1x 0.00014114379882812s
router_redirection: 1x 0.00014090538024902s
t_/popups/zoom: 1x 1.0967254638672E-5s
----- END OF DUMP (2025-11-15 17:55:11)  -----