Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

September 15, 2021 8:42:24 AM by Alexander Zorevyk
Forecast Details
PairNZDUSD
Direction Buy
StatusClosed (0.7115)
8:28
8:28
Sep. 15, 2021

+75 p
0.7175
Target 2
+55 p
0.7155
Target 1
0.7100
Entry
-50 p
0.7050
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  3. When the price decreases, a signal is formed (orange labels), which implies an upward movement.
  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 - 0.7155, and the second one, in case of an active price increase, is at the level - 0.7175
    index: 1x 0.034818887710571s
t_/pages/forecast: 1x 0.031803131103516s
t_/common/header-new: 1x 0.019857168197632s
t_/common/head: 1x 0.01595401763916s
t_/common/footer-new: 1x 0.002626895904541s
router_page: 1x 0.0015618801116943s
router: 1x 0.00071096420288086s
t_/popups/on-download: 1x 0.00061798095703125s
service-routes: 1x 0.00031304359436035s
router_redirection: 1x 0.00016212463378906s
t_/popups/zoom: 1x 1.3828277587891E-5s
----- END OF DUMP (2022-08-11 07:34:08)  -----