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 0.036705017089844s
t_/pages/forecast: 1x 0.034371852874756s
t_/common/header-new: 1x 0.021770000457764s
t_/common/head: 1x 0.017787933349609s
t_/common/footer-new: 1x 0.0033550262451172s
router_page: 1x 0.001086950302124s
router: 1x 0.00093412399291992s
t_/popups/on-download: 1x 0.00070285797119141s
service-routes: 1x 0.00044679641723633s
t_/common/cookie-banner: 1x 0.00037908554077148s
router_redirection: 1x 0.00030994415283203s
t_/blocks/sidebar-afil: 1x 0.00016379356384277s
t_/popups/zoom: 1x 2.6941299438477E-5s
----- END OF DUMP (2026-08-12 10:33:08)  -----