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 Time11/16/20 10:02 PM
Direction Sell
Status Closed (1.6275)
22:00
22:00
Nov. 16, 2020
Forecast
-80 p
1.6275
Stop Loss
1.6195
Entry
+95 p
1.6100
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. 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. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. The drop in price will be accompanied by triggering of the market crowd’s Stop Losses, which in turn will serve as a “fuel” for the downward movement.
    index: 1x 0.028893947601318s
t_/pages/forecast: 1x 0.026638984680176s
t_/common/header-new: 1x 0.017427921295166s
t_/common/head: 1x 0.014512062072754s
t_/common/footer-new: 1x 0.0025079250335693s
router_page: 1x 0.0014708042144775s
router: 1x 0.00059103965759277s
t_/popups/on-download: 1x 0.00045990943908691s
t_/common/cookie-banner: 1x 0.00034403800964355s
service-routes: 1x 0.00022983551025391s
t_/blocks/sidebar-afil: 1x 0.00015497207641602s
router_redirection: 1x 0.00012302398681641s
t_/popups/zoom: 1x 1.8119812011719E-5s
----- END OF DUMP (2026-09-25 04:36:09)  -----