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

November 22, 2019 11:22:27 AM by Patrick Yang
Forecast Details
Direction Buy
StatusClosed (1.6230)
Nov. 22, 2019
Nov. 29, 2019

+110 p
Target 1
-110 p
Stop Loss
Chart & Analyst Comments
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. MVP line is below the price and acts as a support level.
  4. These accumulation of retail traders stop losses coincide with the level of the previous high. This level will serve as the target for our trade.
    index: 1x 0.035531997680664s
t_/pages/forecast: 1x 0.032152891159058s
t_/common/header-new: 1x 0.020782947540283s
t_/common/head: 1x 0.017340898513794s
t_/common/footer-new: 1x 0.002601146697998s
router_page: 1x 0.0015649795532227s
router: 1x 0.00075602531433105s
t_/popups/on-download: 1x 0.00052309036254883s
service-routes: 1x 0.00036191940307617s
router_redirection: 1x 0.00016498565673828s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2022-08-11 08:50:08)  -----