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 0.035837888717651s
t_/pages/forecast: 1x 0.034295082092285s
t_/common/header-new: 1x 0.02086615562439s
t_/common/head: 1x 0.016311168670654s
t_/common/footer-new: 1x 0.0033211708068848s
t_/popups/on-download: 1x 0.00077915191650391s
router_page: 1x 0.00077009201049805s
router: 1x 0.00061893463134766s
t_/common/cookie-banner: 1x 0.00053000450134277s
service-routes: 1x 0.00028705596923828s
router_redirection: 1x 0.00019407272338867s
t_/blocks/sidebar-afil: 1x 0.00014495849609375s
t_/popups/zoom: 1x 2.6941299438477E-5s
----- END OF DUMP (2026-08-01 15:52:08)  -----