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

AUDUSD - Upward trend will continue, Long trade by market price recommended

October 2, 2020 8:05:43 AM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (0.7175)
Oct. 2, 2020

+85 p
Target 2
+55 p
Target 1
-65 p
Stop Loss
Chart & Analyst Comments
  1. The Current Ratio indicator, which is used for quick market sentiment analysis, provides Buy signal at the moment.
  2. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  3. MVP line is below the price and acts as a support level.
  4. The first target is at the level of the previous peak - 0.721, and the second one, in case of an active price increase, is at the level - 0.724
    index: 1x 0.034345865249634s
t_/pages/forecast: 1x 0.030482053756714s
t_/common/header-new: 1x 0.01932692527771s
t_/common/head: 1x 0.015967130661011s
t_/common/footer-new: 1x 0.0024960041046143s
router_page: 1x 0.0014290809631348s
router: 1x 0.00067901611328125s
t_/popups/on-download: 1x 0.00051283836364746s
service-routes: 1x 0.0002899169921875s
router_redirection: 1x 0.00014901161193848s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2022-08-11 09:44:08)  -----