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 0.043514966964722s
t_/pages/forecast: 1x 0.040631055831909s
t_/common/header-new: 1x 0.025860071182251s
t_/common/head: 1x 0.020980834960938s
t_/common/footer-new: 1x 0.0035698413848877s
router_page: 1x 0.0009620189666748s
t_/common/cookie-banner: 1x 0.00086116790771484s
router: 1x 0.00077486038208008s
t_/popups/on-download: 1x 0.00068306922912598s
service-routes: 1x 0.00034999847412109s
t_/blocks/sidebar-afil: 1x 0.00026702880859375s
router_redirection: 1x 0.00022387504577637s
t_/popups/zoom: 1x 2.5033950805664E-5s
----- END OF DUMP (2025-12-19 07:05:12)  -----