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 Time9/3/20 7:59 AM
Direction Sell
Status Closed (1.6240)
7:53
7:53
Sep. 3, 2020
Forecast
-85 p
1.6240
Stop Loss
1.6155
Entry
+80 p
1.6075
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, which is used for quick market sentiment analysis, provides Sell signal at the moment.
  2. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  3. MVP line is above the price and acts as a resistance level.
  4. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  5. The given Stop Losses of market participants are on the same level as the previous low, which will serve as the target for our trade.
    index: 1x 0.041353940963745s
t_/pages/forecast: 1x 0.039137125015259s
t_/common/header-new: 1x 0.024466991424561s
t_/common/head: 1x 0.020215034484863s
t_/common/footer-new: 1x 0.0038490295410156s
router_page: 1x 0.00096487998962402s
t_/popups/on-download: 1x 0.00078296661376953s
router: 1x 0.00067400932312012s
t_/common/cookie-banner: 1x 0.00049901008605957s
service-routes: 1x 0.00027799606323242s
t_/blocks/sidebar-afil: 1x 0.00024914741516113s
router_redirection: 1x 0.00015997886657715s
t_/popups/zoom: 1x 2.4080276489258E-5s
----- END OF DUMP (2025-11-10 23:31:11)  -----