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 0.046868085861206s
t_/pages/forecast: 1x 0.043949842453003s
t_/common/header-new: 1x 0.028784990310669s
t_/common/head: 1x 0.020714044570923s
t_/common/footer-new: 1x 0.0037469863891602s
router_page: 1x 0.001446008682251s
t_/common/cookie-banner: 1x 0.0008091926574707s
router: 1x 0.0008080005645752s
t_/popups/on-download: 1x 0.00073099136352539s
t_/blocks/sidebar-afil: 1x 0.00040984153747559s
service-routes: 1x 0.0003049373626709s
router_redirection: 1x 0.00014495849609375s
t_/popups/zoom: 1x 2.0980834960938E-5s
----- END OF DUMP (2025-05-09 05:27:05)  -----