EN

EURAUD - Upward trend will continue, Long trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-market-trend-1
Forecast Details
PairEURAUD
Publication Time5/31/19 11:40 AM
Direction Buy
Status Closed (1.6195)
May 31, 2019
Jun. 7, 2019
Forecast
+100 p
1.6245
Target 1
1.6145
Entry
-85 p
1.6060
Stop Loss
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-buy-market-trend-1
  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. The present level of MVP, which is below the current price, favors Buy Orders.
  4. We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.
    index: 1x 0.028701066970825s
t_/pages/forecast: 1x 0.026575088500977s
t_/common/header-new: 1x 0.018245935440063s
t_/common/head: 1x 0.013262987136841s
t_/common/footer-new: 1x 0.002208948135376s
router_page: 1x 0.0010800361633301s
router: 1x 0.00056600570678711s
t_/popups/on-download: 1x 0.00043702125549316s
t_/common/cookie-banner: 1x 0.00031399726867676s
service-routes: 1x 0.00019598007202148s
t_/blocks/sidebar-afil: 1x 0.0001370906829834s
router_redirection: 1x 0.00010395050048828s
t_/popups/zoom: 1x 1.1920928955078E-5s
----- END OF DUMP (2025-11-15 18:07:11)  -----