EN

AUDUSD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairAUDUSD
Publication Time1/10/24 12:34 AM
Direction Sell
Status Closed (0.6685)
0:34
0:34
Jan. 10, 2024
Forecast
-55 p
0.6740
Stop Loss
0.6685
Entry
+55 p
0.6630
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. According to the most brokers’ data, more than half of the traders are currently in long positions on AUDUSD. As a result, we recommend considering only Short trades at this time.
  2. We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
  3. MVP line is above the price and acts as a resistance level.
  4. The SLC indicator displays a cluster of Stop Losses and Stop orders straight at the previous low level, which according to our forecast, is good for placing Take Profit.
    index: 1x 0.031090974807739s
t_/pages/forecast: 1x 0.027960062026978s
t_/common/header-new: 1x 0.016279935836792s
t_/common/head: 1x 0.013437986373901s
t_/common/footer-new: 1x 0.0021460056304932s
router_page: 1x 0.00070691108703613s
router: 1x 0.00063204765319824s
t_/popups/on-download: 1x 0.00041103363037109s
t_/common/cookie-banner: 1x 0.00031805038452148s
t_/blocks/sidebar-afil: 1x 0.00027990341186523s
service-routes: 1x 0.00022697448730469s
router_redirection: 1x 0.0001380443572998s
t_/popups/zoom: 1x 1.0013580322266E-5s
----- END OF DUMP (2025-08-16 21:21:08)  -----