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

The market has stabilized, the first signs of an uptrend appeared

March 21, 2022 6:58:06 PM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (0.6860)
Mar. 21, 2022

+85 p
Target 2
+60 p
Target 1
-60 p
Stop Loss
Chart & Analyst Comments
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on NZDUSD. As a result, we recommend considering only Long trades at this time.
  2. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  3. A significant cluster of sellers is below the current price, this is evidenced by a sharp increase in Profit Ratio every time the price decreases. Downward movement is difficult, correction is possible.
  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 - 0.692, and the second one, in case of an active price increase, is at the level - 0.6945
    index: 1x 0.034731864929199s
t_/pages/forecast: 1x 0.031790018081665s
t_/common/header-new: 1x 0.01954197883606s
t_/common/head: 1x 0.016080141067505s
t_/common/footer-new: 1x 0.0024769306182861s
router_page: 1x 0.0016179084777832s
router: 1x 0.00070309638977051s
t_/popups/on-download: 1x 0.00048995018005371s
service-routes: 1x 0.00028800964355469s
router_redirection: 1x 0.00012707710266113s
t_/popups/zoom: 1x 1.7166137695312E-5s
----- END OF DUMP (2022-05-19 02:07:05)  -----