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 Time5/7/26 7:53 AM
Direction Buy
Status Market
7:53
7:53
May 7, 2026
Forecast
+45 p
0.7300
Target 2
+30 p
0.7285
Target 1
0.7255
Entry
-30 p
0.7225
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. MVP line is below the price and acts as a support level.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
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