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 0.050134897232056s
t_/pages/forecast: 1x 0.046854972839355s
t_/common/header-new: 1x 0.027184009552002s
t_/common/head: 1x 0.022174119949341s
t_/common/footer-new: 1x 0.0080230236053467s
router_page: 1x 0.0016579627990723s
t_/popups/on-download: 1x 0.00092792510986328s
router: 1x 0.00081110000610352s
t_/common/cookie-banner: 1x 0.00048303604125977s
service-routes: 1x 0.0003659725189209s
t_/blocks/sidebar-afil: 1x 0.00036382675170898s
router_redirection: 1x 0.00022602081298828s
t_/popups/zoom: 1x 4.1007995605469E-5s
----- END OF DUMP (2025-07-02 00:57:07)  -----