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 0.03612494468689s
t_/pages/forecast: 1x 0.034605979919434s
t_/common/header-new: 1x 0.022498846054077s
t_/common/head: 1x 0.018219947814941s
t_/common/footer-new: 1x 0.0022051334381104s
router_page: 1x 0.00079512596130371s
t_/common/cookie-banner: 1x 0.00060296058654785s
router: 1x 0.00051021575927734s
t_/popups/on-download: 1x 0.00048089027404785s
service-routes: 1x 0.00024914741516113s
t_/blocks/sidebar-afil: 1x 0.00021219253540039s
router_redirection: 1x 0.00014615058898926s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2026-10-01 22:28:10)  -----