Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

March 23, 2020 8:17:06 AM by Patrick Yang
Forecast Details
PairEURUSD
Direction Sell
StatusClosed (1.0880)
Start
End
Mar. 23, 2020
Mar. 30, 2020

-180 p
1.0880
Stop Loss
1.0700
Entry
+180 p
1.0520
Target 1
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 0.035195112228394s
t_/pages/forecast: 1x 0.032178163528442s
t_/common/header-new: 1x 0.020591020584106s
t_/common/head: 1x 0.016625881195068s
t_/common/footer-new: 1x 0.0026850700378418s
router_page: 1x 0.0017428398132324s
router: 1x 0.00076603889465332s
t_/popups/on-download: 1x 0.00048398971557617s
service-routes: 1x 0.00030612945556641s
router_redirection: 1x 0.0001530647277832s
t_/popups/zoom: 1x 1.5974044799805E-5s
----- END OF DUMP (2022-07-06 17:07:07)  -----