EN

NZDUSD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairNZDUSD
Publication Time5/5/22 1:34 PM
Direction Sell
Status Closed (0.6400)
13:34
13:34
May 5, 2022
Forecast
-85 p
0.6565
Stop Loss
0.6480
Entry
+80 p
0.6400
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 NZDUSD. 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. MVP line is above the price and acts as a resistance level.
  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 - 0.64
  5. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
    index: 1x 0.073770046234131s
t_/pages/forecast: 1x 0.055850982666016s
t_/common/header-new: 1x 0.036364078521729s
t_/common/head: 1x 0.027539014816284s
router_page: 1x 0.0094408988952637s
t_/common/footer-new: 1x 0.0054869651794434s
router: 1x 0.0013840198516846s
t_/popups/on-download: 1x 0.0010578632354736s
t_/common/cookie-banner: 1x 0.00080394744873047s
t_/blocks/sidebar-afil: 1x 0.00051403045654297s
service-routes: 1x 0.00041103363037109s
router_redirection: 1x 0.00023508071899414s
t_/popups/zoom: 1x 3.0994415283203E-5s
----- END OF DUMP (2025-02-05 19:06:02)  -----