Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

EURAUD - Upward trend will continue, Long trade by market price recommended

September 13, 2022 10:08:20 AM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (1.4820)
Sep. 13, 2022

+90 p
Target 2
+65 p
Target 1
-65 p
Stop Loss
Chart & Analyst Comments
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  3. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
  5. Set Take Profit at the local high, beyond which there is a cluster of orders.
    index: 1x 0.053606033325195s
t_/pages/forecast: 1x 0.048500061035156s
t_/common/header-new: 1x 0.03031587600708s
t_/common/head: 1x 0.024504899978638s
t_/common/footer-new: 1x 0.004317045211792s
router_page: 1x 0.0028619766235352s
router: 1x 0.0013241767883301s
t_/popups/on-download: 1x 0.00081110000610352s
service-routes: 1x 0.00052404403686523s
router_redirection: 1x 0.00019383430480957s
t_/popups/zoom: 1x 4.6968460083008E-5s
----- END OF DUMP (2022-10-05 06:18:10)  -----