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 0.039576053619385s
t_/pages/forecast: 1x 0.035802841186523s
t_/common/header-new: 1x 0.024126768112183s
t_/common/head: 1x 0.019801139831543s
t_/common/footer-new: 1x 0.0029540061950684s
router_page: 1x 0.0019040107727051s
router: 1x 0.0006401538848877s
t_/popups/on-download: 1x 0.00051188468933105s
t_/common/cookie-banner: 1x 0.00038909912109375s
service-routes: 1x 0.00024104118347168s
t_/blocks/sidebar-afil: 1x 0.00018811225891113s
router_redirection: 1x 0.00011181831359863s
t_/popups/zoom: 1x 4.57763671875E-5s
----- END OF DUMP (2025-09-14 03:31:09)  -----