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 0.031439065933228s
t_/pages/forecast: 1x 0.029831886291504s
t_/common/header-new: 1x 0.019854068756104s
t_/common/head: 1x 0.016970872879028s
t_/common/footer-new: 1x 0.0030150413513184s
router_page: 1x 0.00083184242248535s
t_/popups/on-download: 1x 0.0007319450378418s
router: 1x 0.00052309036254883s
t_/common/cookie-banner: 1x 0.00030517578125s
service-routes: 1x 0.00026512145996094s
router_redirection: 1x 0.00016903877258301s
t_/blocks/sidebar-afil: 1x 0.00014591217041016s
t_/popups/zoom: 1x 2.7894973754883E-5s
----- END OF DUMP (2025-12-31 14:40:12)  -----