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 Time2/24/22 6:46 AM
Direction Sell
Status Closed (1.5535)
6:41
6:41
Feb. 24, 2022
Forecast
-100 p
1.5730
Stop Loss
1.5630
Entry
+95 p
1.5535
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 Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  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. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  4. MVP line is above the price and acts as a resistance level.
  5. Set Take profit at the local price minimum.
    index: 1x 0.029939889907837s
t_/pages/forecast: 1x 0.028692007064819s
t_/common/header-new: 1x 0.019569873809814s
t_/common/head: 1x 0.016397953033447s
t_/common/footer-new: 1x 0.0018858909606934s
router_page: 1x 0.00058603286743164s
router: 1x 0.00052404403686523s
t_/popups/on-download: 1x 0.00039982795715332s
t_/common/cookie-banner: 1x 0.00031709671020508s
service-routes: 1x 0.000244140625s
t_/blocks/sidebar-afil: 1x 0.0001528263092041s
router_redirection: 1x 0.00012493133544922s
t_/popups/zoom: 1x 2.5033950805664E-5s
----- END OF DUMP (2026-10-20 05:33:10)  -----