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 0.029035091400146s
t_/pages/forecast: 1x 0.027085065841675s
t_/common/header-new: 1x 0.017384052276611s
t_/common/head: 1x 0.014508962631226s
t_/common/footer-new: 1x 0.0022280216217041s
router_page: 1x 0.0010659694671631s
router: 1x 0.00069904327392578s
t_/popups/on-download: 1x 0.00044608116149902s
t_/common/cookie-banner: 1x 0.0003209114074707s
service-routes: 1x 0.00025701522827148s
t_/blocks/sidebar-afil: 1x 0.00019598007202148s
router_redirection: 1x 0.00011205673217773s
t_/popups/zoom: 1x 2.3126602172852E-5s
----- END OF DUMP (2026-07-12 08:50:07)  -----