EN

EURUSD - Downward trend will continue, Short trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairEURUSD
Publication Time3/23/20 8:17 AM
Direction Sell
Status Closed (1.0880)
Mar. 23, 2020
Mar. 30, 2020
Forecast
-180 p
1.0880
Stop Loss
1.0700
Entry
+180 p
1.0520
Target 1
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-sell-market-trend-1
  1. The Current Ratio indicator, which is used for quick market sentiment analysis, provides Sell signal at the moment.
  2. The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
  3. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  4. MVP line is above the price and acts as a resistance level.
  5. The price decrease will be accompanied by the trigger of market crowds’ stop losses, which in turn will serve as a "fuel" for the downward movement.
    index: 1x 0.029656887054443s
t_/pages/forecast: 1x 0.028195142745972s
t_/common/header-new: 1x 0.017915010452271s
t_/common/head: 1x 0.014625072479248s
t_/common/footer-new: 1x 0.0027470588684082s
router_page: 1x 0.00087499618530273s
t_/popups/on-download: 1x 0.00046181678771973s
router: 1x 0.00044012069702148s
t_/common/cookie-banner: 1x 0.00037002563476562s
service-routes: 1x 0.00024318695068359s
router_redirection: 1x 0.00015807151794434s
t_/blocks/sidebar-afil: 1x 0.00013208389282227s
t_/popups/zoom: 1x 4.4107437133789E-5s
----- END OF DUMP (2026-03-14 05:16:03)  -----