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 0.050023078918457s
t_/pages/forecast: 1x 0.04551100730896s
t_/common/header-new: 1x 0.029401063919067s
t_/common/head: 1x 0.024178028106689s
t_/common/footer-new: 1x 0.0042068958282471s
router_page: 1x 0.0017459392547607s
router: 1x 0.0013120174407959s
t_/popups/on-download: 1x 0.00064206123352051s
t_/common/cookie-banner: 1x 0.0004880428314209s
service-routes: 1x 0.00047993659973145s
t_/blocks/sidebar-afil: 1x 0.00024890899658203s
router_redirection: 1x 0.00021982192993164s
t_/popups/zoom: 1x 7.9870223999023E-5s
----- END OF DUMP (2025-06-01 03:31:06)  -----