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 Time9/30/19 6:01 AM
Direction Sell
Status Closed (1.0980)
Sep. 30, 2019
Oct. 7, 2019
Forecast
-130 p
1.1065
Stop Loss
1.0935
Entry
+125 p
1.0810
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. Majority of traders are still holding onto Longs. This means we should continue to Sell EURUSD.
  2. We are seeing an increase in Buy positions by market crowd, who are replenishing an already large number of "locked up" losing Buy positions.
  3. The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
  4. We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
  5. Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
    index: 1x 0.03225302696228s
t_/pages/forecast: 1x 0.030523061752319s
t_/common/header-new: 1x 0.018977880477905s
t_/common/head: 1x 0.015553951263428s
t_/common/footer-new: 1x 0.0033199787139893s
router_page: 1x 0.00096297264099121s
t_/popups/on-download: 1x 0.00077605247497559s
router: 1x 0.00058603286743164s
t_/common/cookie-banner: 1x 0.00039196014404297s
service-routes: 1x 0.00022292137145996s
t_/blocks/sidebar-afil: 1x 0.00022196769714355s
router_redirection: 1x 0.00012803077697754s
t_/popups/zoom: 1x 5.793571472168E-5s
----- END OF DUMP (2026-10-01 16:36:10)  -----