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
Publish Time5/21/20 6:56 AM
Direction Buy
Status Closed (0.6525)
6:53:00 AM UTC
6:53:00 AM UTC
May 21, 2020
Forecast
+80 p
0.6630
Target 2
+55 p
0.6605
Target 1
0.6550
Entry
-60 p
0.6490
Stop Loss
Related Links
How to use MT4/5 Indicators Tools

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 - 0.6605, and the second one, in case of an active price increase, is at the level - 0.663
    index: 1x 0.033890008926392s
t_/pages/forecast: 1x 0.031514883041382s
t_/common/header-new: 1x 0.019344806671143s
t_/common/head: 1x 0.016299962997437s
t_/common/footer-new: 1x 0.0023860931396484s
router_page: 1x 0.0012979507446289s
router: 1x 0.00062799453735352s
t_/popups/on-download: 1x 0.00055599212646484s
service-routes: 1x 0.00024294853210449s
router_redirection: 1x 0.00011086463928223s
t_/common/cookie-banner: 1x 2.0027160644531E-5s
t_/popups/zoom: 1x 1.3113021850586E-5s
----- END OF DUMP (2023-06-06 20:35:06)  -----