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 Time4/20/23 7:00 AM
Direction Sell
Status Closed (0.6130)
7:00
7:00
Apr. 20, 2023
Forecast
-50 p
0.6225
Stop Loss
0.6175
Entry
+50 p
0.6125
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. Analyzing the positions ratio, we see that most traders are currently in Longs, which also combined with the original idea.
  3. MVP line is above the price and acts as a resistance level.
  4. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  5. The risk/reward ratio allows you to set Take Profit at the same level where the SLC indicator signals that there are Stop orders - 0.6125
    index: 1x 0.026092052459717s
t_/pages/forecast: 1x 0.024618864059448s
t_/common/header-new: 1x 0.015410900115967s
t_/common/head: 1x 0.012464046478271s
t_/common/footer-new: 1x 0.0025558471679688s
router_page: 1x 0.00075793266296387s
t_/popups/on-download: 1x 0.00049519538879395s
router: 1x 0.0003669261932373s
t_/common/cookie-banner: 1x 0.00031805038452148s
service-routes: 1x 0.00018501281738281s
t_/blocks/sidebar-afil: 1x 0.00014305114746094s
router_redirection: 1x 9.2029571533203E-5s
t_/popups/zoom: 1x 1.6927719116211E-5s
----- END OF DUMP (2025-11-08 18:04:11)  -----