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 0.054259061813354s
t_/pages/forecast: 1x 0.049256086349487s
t_/common/header-new: 1x 0.031060934066772s
t_/common/head: 1x 0.022794008255005s
t_/common/footer-new: 1x 0.0053699016571045s
router_page: 1x 0.0018341541290283s
router: 1x 0.0014908313751221s
t_/popups/on-download: 1x 0.0009760856628418s
t_/common/cookie-banner: 1x 0.00072193145751953s
service-routes: 1x 0.00050091743469238s
t_/blocks/sidebar-afil: 1x 0.00047087669372559s
router_redirection: 1x 0.00025510787963867s
t_/popups/zoom: 1x 3.2186508178711E-5s
----- END OF DUMP (2025-07-01 15:33:07)  -----