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 Time7/29/24 7:35 AM
Direction Sell
Status Closed (0.6500)
7:35
7:35
Jul. 29, 2024
Forecast
-30 p
0.6575
Stop Loss
0.6545
Entry
+25 p
0.6520
Target 1
+45 p
0.6500
Target 2
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. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  3. The MVP indicator shows the downtrend. We take this into account as one of the important factors in today's forecast.
  4. Set Take profit at the local price minimum.
    index: 1x 0.035151958465576s
t_/pages/forecast: 1x 0.03192400932312s
t_/common/header-new: 1x 0.022057056427002s
t_/common/head: 1x 0.018872022628784s
t_/common/footer-new: 1x 0.0025310516357422s
router_page: 1x 0.0013809204101562s
router: 1x 0.001276969909668s
t_/popups/on-download: 1x 0.00045919418334961s
t_/common/cookie-banner: 1x 0.00033903121948242s
service-routes: 1x 0.00027108192443848s
t_/blocks/sidebar-afil: 1x 0.00026798248291016s
router_redirection: 1x 0.00015497207641602s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2026-09-21 14:55:09)  -----