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 Time10/25/24 7:40 AM
Direction Sell
Status Closed (0.6600)
7:40
7:40
Oct. 25, 2024
Forecast
-55 p
0.6680
Stop Loss
0.6625
Entry
+55 p
0.6570
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. The MVP indicator shows the downtrend. We take this into account as one of the important factors in today's forecast.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  4. The risk/reward ratio allows you to set Take Profit at the same level where the SLC indicator signals that there are Stop orders - 0.657
    index: 1x 0.036373138427734s
t_/pages/forecast: 1x 0.032664060592651s
t_/common/header-new: 1x 0.020560026168823s
t_/common/head: 1x 0.017298936843872s
t_/common/footer-new: 1x 0.0026330947875977s
router_page: 1x 0.0010359287261963s
router: 1x 0.00070786476135254s
t_/popups/on-download: 1x 0.00062203407287598s
t_/common/cookie-banner: 1x 0.00037312507629395s
service-routes: 1x 0.00029993057250977s
router_redirection: 1x 0.00015687942504883s
t_/blocks/sidebar-afil: 1x 0.00014209747314453s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2024-12-21 14:58:12)  -----