EN

EURAUD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairEURAUD
Publication Time11/3/20 6:17 AM
Direction Sell
Status Closed (1.6450)
6:16
6:16
Nov. 3, 2020
Forecast
-85 p
1.6635
Stop Loss
1.6550
Entry
+70 p
1.6480
Target 1
+100 p
1.6450
Target 2
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. Since the CurrentRatio sentiment indicator informs us that the market crowd is buying, we should consider sticking to Sell Orders.
  2. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  4. The drop in price will be accompanied by triggering of the market crowd’s Stop Losses, which in turn will serve as a “fuel” for the downward movement.
    index: 1x 0.027871131896973s
t_/pages/forecast: 1x 0.026334047317505s
t_/common/header-new: 1x 0.016365051269531s
t_/common/head: 1x 0.013808965682983s
t_/common/footer-new: 1x 0.0024740695953369s
router_page: 1x 0.00075507164001465s
router: 1x 0.00060582160949707s
t_/popups/on-download: 1x 0.00043988227844238s
t_/common/cookie-banner: 1x 0.00032782554626465s
service-routes: 1x 0.00022983551025391s
t_/blocks/sidebar-afil: 1x 0.00015807151794434s
router_redirection: 1x 0.00011396408081055s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2026-07-12 19:36:07)  -----