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 0.033776044845581s
t_/pages/forecast: 1x 0.031170129776001s
t_/common/header-new: 1x 0.018120050430298s
t_/common/head: 1x 0.014745950698853s
t_/common/footer-new: 1x 0.003291130065918s
router_page: 1x 0.0016131401062012s
router: 1x 0.00071382522583008s
t_/popups/on-download: 1x 0.00070500373840332s
t_/common/cookie-banner: 1x 0.00041818618774414s
service-routes: 1x 0.00022101402282715s
t_/blocks/sidebar-afil: 1x 0.00020980834960938s
router_redirection: 1x 0.00013399124145508s
t_/popups/zoom: 1x 1.8119812011719E-5s
----- END OF DUMP (2026-08-01 22:20:08)  -----