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 0.026108026504517s
t_/pages/forecast: 1x 0.024377107620239s
t_/common/header-new: 1x 0.015217065811157s
t_/common/head: 1x 0.012259006500244s
t_/common/footer-new: 1x 0.0024838447570801s
router_page: 1x 0.00074005126953125s
t_/popups/on-download: 1x 0.00049901008605957s
router: 1x 0.00049710273742676s
t_/common/cookie-banner: 1x 0.00031900405883789s
service-routes: 1x 0.00019693374633789s
t_/blocks/sidebar-afil: 1x 0.00015091896057129s
router_redirection: 1x 9.608268737793E-5s
t_/popups/zoom: 1x 2.8133392333984E-5s
----- END OF DUMP (2025-09-11 05:45:09)  -----