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 0.027542114257812s
t_/pages/forecast: 1x 0.025727033615112s
t_/common/header-new: 1x 0.016480922698975s
t_/common/head: 1x 0.013252019882202s
t_/common/footer-new: 1x 0.0024809837341309s
router_page: 1x 0.00094103813171387s
router: 1x 0.00067305564880371s
t_/popups/on-download: 1x 0.00044512748718262s
t_/common/cookie-banner: 1x 0.00038504600524902s
service-routes: 1x 0.000244140625s
router_redirection: 1x 0.00014686584472656s
t_/blocks/sidebar-afil: 1x 0.0001368522644043s
t_/popups/zoom: 1x 1.1920928955078E-5s
----- END OF DUMP (2026-03-14 04:26:03)  -----