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 0.029812097549438s
t_/pages/forecast: 1x 0.02836012840271s
t_/common/header-new: 1x 0.016921997070312s
t_/common/head: 1x 0.0139000415802s
t_/common/footer-new: 1x 0.0034229755401611s
router_page: 1x 0.0007939338684082s
t_/popups/on-download: 1x 0.00063896179199219s
router: 1x 0.00048613548278809s
t_/common/cookie-banner: 1x 0.00037097930908203s
service-routes: 1x 0.0002129077911377s
t_/blocks/sidebar-afil: 1x 0.00016498565673828s
router_redirection: 1x 0.00011086463928223s
t_/popups/zoom: 1x 3.2186508178711E-5s
----- END OF DUMP (2026-02-21 12:42:02)  -----