EN

NZDUSD - Upward trend will continue, Long trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairNZDUSD
Publication Time3/12/21 7:59 AM
Direction Buy
Status Closed (0.7190)
7:56
7:56
Mar. 12, 2021
Forecast
+90 p
0.7280
Target 2
+60 p
0.7250
Target 1
0.7190
Entry
-65 p
0.7125
Stop Loss
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-buy-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on NZDUSD. As a result, we recommend considering only Long trades at this time.
  2. The Delta of the Profit Ratio indicator exceeds the threshold value of 2%. An increase of NZDUSD price is expected.
  3. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  4. MVP line is below the price and acts as a support level.
  5. The first target is at the level of the previous peak - 0.725, and the second one, in case of an active price increase, is at the level - 0.728
    index: 1x 0.032632112503052s
t_/pages/forecast: 1x 0.030506134033203s
t_/common/header-new: 1x 0.01922082901001s
t_/common/head: 1x 0.016157865524292s
t_/common/footer-new: 1x 0.0023751258850098s
router_page: 1x 0.0010161399841309s
router: 1x 0.0006248950958252s
t_/popups/on-download: 1x 0.0005340576171875s
t_/common/cookie-banner: 1x 0.00036907196044922s
service-routes: 1x 0.00025010108947754s
t_/blocks/sidebar-afil: 1x 0.00014495849609375s
router_redirection: 1x 0.0001220703125s
t_/popups/zoom: 1x 2.288818359375E-5s
----- END OF DUMP (2024-12-21 13:15:12)  -----