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 0.036646127700806s
t_/pages/forecast: 1x 0.034586906433105s
t_/common/header-new: 1x 0.023932933807373s
t_/common/head: 1x 0.01979398727417s
t_/common/footer-new: 1x 0.0026130676269531s
router_page: 1x 0.0010280609130859s
router: 1x 0.00076389312744141s
t_/popups/on-download: 1x 0.0006110668182373s
t_/common/cookie-banner: 1x 0.00041103363037109s
service-routes: 1x 0.00032496452331543s
router_redirection: 1x 0.00020599365234375s
t_/blocks/sidebar-afil: 1x 0.00018501281738281s
t_/popups/zoom: 1x 1.6927719116211E-5s
----- END OF DUMP (2026-05-13 18:03:05)  -----