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

June 21, 2021 8:22:53 AM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (1.5865)
Jun. 21, 2021

+85 p
Target 2
+65 p
Target 1
-75 p
Stop Loss
Chart & Analyst Comments
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on EURAUD. As a result, we recommend considering only Long trades at this time.
  2. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  3. The number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
  4. MVP line is below the price and acts as a support level.
  5. The first target is at the level of the previous peak - 1.5915, and the second one, in case of an active price increase, is at the level - 1.5935
    index: 1x 0.038316965103149s
t_/pages/forecast: 1x 0.035422086715698s
t_/common/header-new: 1x 0.023900985717773s
t_/common/head: 1x 0.020526885986328s
t_/common/footer-new: 1x 0.0024809837341309s
router_page: 1x 0.0015561580657959s
router: 1x 0.00076985359191895s
t_/popups/on-download: 1x 0.00057601928710938s
service-routes: 1x 0.00029397010803223s
router_redirection: 1x 0.00013399124145508s
t_/popups/zoom: 1x 1.3828277587891E-5s
----- END OF DUMP (2022-08-11 09:17:08)  -----