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 0.05839204788208s
t_/pages/forecast: 1x 0.054098844528198s
t_/common/header-new: 1x 0.030143976211548s
t_/common/head: 1x 0.024473905563354s
t_/common/footer-new: 1x 0.0057480335235596s
router_page: 1x 0.0015449523925781s
router: 1x 0.0014419555664062s
t_/popups/on-download: 1x 0.00092697143554688s
service-routes: 1x 0.00059604644775391s
t_/blocks/sidebar-afil: 1x 0.00058603286743164s
t_/common/cookie-banner: 1x 0.00053691864013672s
router_redirection: 1x 0.00037002563476562s
t_/popups/zoom: 1x 0.00023984909057617s
----- END OF DUMP (2025-07-01 09:51:07)  -----