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 0.029639959335327s
t_/pages/forecast: 1x 0.027845144271851s
t_/common/header-new: 1x 0.018293142318726s
t_/common/head: 1x 0.01432991027832s
t_/common/footer-new: 1x 0.0024049282073975s
router_page: 1x 0.00095796585083008s
router: 1x 0.00063204765319824s
t_/popups/on-download: 1x 0.0005030632019043s
t_/common/cookie-banner: 1x 0.00040102005004883s
service-routes: 1x 0.00024890899658203s
t_/blocks/sidebar-afil: 1x 0.00016903877258301s
router_redirection: 1x 0.00013303756713867s
t_/popups/zoom: 1x 2.0027160644531E-5s
----- END OF DUMP (2025-12-26 16:16:12)  -----