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 Time2/14/22 12:18 PM
Direction Sell
Status Closed (1.5850)
11:34
11:34
Feb. 14, 2022
Forecast
-80 p
1.6010
Stop Loss
1.5930
Entry
+80 p
1.5850
Target 1
+110 p
1.5820
Target 2
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. According to the most brokers’ data, more than half of the traders are currently in long positions on EURAUD. As a result, we recommend considering only Short trades at this time.
  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. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  4. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  5. Set Take Profit at the local low, beyond which there is a cluster of orders.
    index: 1x 0.050490856170654s
t_/pages/forecast: 1x 0.045367002487183s
t_/common/header-new: 1x 0.03153395652771s
t_/common/head: 1x 0.025194883346558s
t_/common/footer-new: 1x 0.0033550262451172s
router_page: 1x 0.0018179416656494s
router: 1x 0.0010299682617188s
t_/common/cookie-banner: 1x 0.00073695182800293s
t_/popups/on-download: 1x 0.000640869140625s
service-routes: 1x 0.00035715103149414s
t_/blocks/sidebar-afil: 1x 0.00030112266540527s
router_redirection: 1x 0.00020003318786621s
t_/popups/zoom: 1x 1.7881393432617E-5s
----- END OF DUMP (2025-06-08 09:36:06)  -----