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 Time9/10/20 7:33 AM
Direction Buy
Status Closed (0.7320)
7:28
7:28
Sep. 10, 2020
Forecast
+65 p
0.7335
Target 2
+50 p
0.7320
Target 1
0.7270
Entry
-50 p
0.7220
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. 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 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. The first target is at the level of the previous peak - 0.732, and the second one, in case of an active price increase, is at the level - 0.7335
    index: 1x 0.045732021331787s
t_/pages/forecast: 1x 0.042866945266724s
t_/common/header-new: 1x 0.031122922897339s
t_/common/head: 1x 0.017029047012329s
t_/common/footer-new: 1x 0.0029699802398682s
router_page: 1x 0.0013790130615234s
router: 1x 0.00076198577880859s
t_/popups/on-download: 1x 0.00059795379638672s
t_/common/cookie-banner: 1x 0.00051999092102051s
service-routes: 1x 0.00029897689819336s
t_/blocks/sidebar-afil: 1x 0.00020480155944824s
router_redirection: 1x 0.00013995170593262s
t_/popups/zoom: 1x 3.3855438232422E-5s
----- END OF DUMP (2024-04-19 22:24:04)  -----