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 Time1/9/24 9:55 AM
Direction Sell
Status Closed (1.6315)
9:55
9:55
Jan. 9, 2024
Forecast
-50 p
1.6365
Stop Loss
1.6315
Entry
+55 p
1.6260
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 ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
  3. The SLC indicator displays a cluster of Stop Losses and Stop orders straight at the previous low level, which according to our forecast, is good for placing Take Profit.
    index: 1x 0.051386117935181s
t_/pages/forecast: 1x 0.047172784805298s
t_/common/header-new: 1x 0.03222393989563s
t_/common/head: 1x 0.023340940475464s
t_/common/footer-new: 1x 0.0045540332794189s
router_page: 1x 0.0013980865478516s
router: 1x 0.0012941360473633s
t_/popups/on-download: 1x 0.00086712837219238s
t_/common/cookie-banner: 1x 0.00085091590881348s
service-routes: 1x 0.00049281120300293s
t_/blocks/sidebar-afil: 1x 0.00034284591674805s
router_redirection: 1x 0.00030398368835449s
t_/popups/zoom: 1x 9.3936920166016E-5s
----- END OF DUMP (2025-03-12 04:40:03)  -----