EN

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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairAUDUSD
Publication Time10/2/20 8:05 AM
Direction Buy
Status Closed (0.7175)
8:02
8:02
Oct. 2, 2020
Forecast
+85 p
0.7240
Target 2
+55 p
0.7210
Target 1
0.7155
Entry
-65 p
0.7090
Stop Loss
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-buy-market-trend-1
  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 0.033704996109009s
t_/pages/forecast: 1x 0.03147292137146s
t_/common/header-new: 1x 0.020053863525391s
t_/common/head: 1x 0.016816854476929s
t_/common/footer-new: 1x 0.0026390552520752s
router_page: 1x 0.0011990070343018s
t_/popups/on-download: 1x 0.00057196617126465s
router: 1x 0.00054812431335449s
t_/common/cookie-banner: 1x 0.0004279613494873s
service-routes: 1x 0.00026488304138184s
t_/blocks/sidebar-afil: 1x 0.0001530647277832s
router_redirection: 1x 0.0001368522644043s
t_/popups/zoom: 1x 1.3828277587891E-5s
----- END OF DUMP (2024-07-27 03:36:07)  -----