EN

The market has stabilized, the first signs of an uptrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-trend-2
Forecast Details
PairAUDUSD
Publication Time6/7/21 7:18 AM
Direction Buy
Status Closed (0.7710)
7:15
7:15
Jun. 7, 2021
Forecast
+95 p
0.7805
Target 2
+65 p
0.7775
Target 1
0.7710
Entry
-70 p
0.7640
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-trend-2
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on AUDUSD. As a result, we recommend considering only Long trades at this time.
  2. The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
  3. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  4. Price broke through the MVP line and rushed up. We consider this a sign for further AUDUSD price increase.
  5. The first target is at the level of the previous peak - 0.7775, and the second one, in case of an active price increase, is at the level - 0.7805
    index: 1x 0.057209014892578s
t_/pages/forecast: 1x 0.052197933197021s
t_/common/header-new: 1x 0.036654949188232s
t_/common/head: 1x 0.030231952667236s
t_/common/footer-new: 1x 0.0038421154022217s
router_page: 1x 0.0024521350860596s
t_/common/cookie-banner: 1x 0.00095105171203613s
router: 1x 0.00094890594482422s
t_/popups/on-download: 1x 0.00064277648925781s
service-routes: 1x 0.00028896331787109s
t_/blocks/sidebar-afil: 1x 0.00025606155395508s
router_redirection: 1x 0.00015592575073242s
t_/popups/zoom: 1x 2.3126602172852E-5s
----- END OF DUMP (2025-02-05 10:56:02)  -----