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

NZDUSD - Upward trend will continue, Long trade by market price recommended

January 27, 2021 8:29:13 AM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (0.7160)
Jan. 27, 2021

+90 p
Target 2
+60 p
Target 1
-65 p
Stop Loss
Chart & Analyst Comments
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. MVP line is below the price and acts as a support level.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
  5. The first target is at the level of the previous peak - 0.7285, and the second one, in case of an active price increase, is at the level - 0.7315
    index: 1x 0.037353992462158s
t_/pages/forecast: 1x 0.033815145492554s
t_/common/header-new: 1x 0.020982027053833s
t_/common/head: 1x 0.017597913742065s
t_/common/footer-new: 1x 0.0032470226287842s
router_page: 1x 0.0019040107727051s
router: 1x 0.00091791152954102s
t_/popups/on-download: 1x 0.00053811073303223s
service-routes: 1x 0.00031900405883789s
router_redirection: 1x 0.0001070499420166s
t_/popups/zoom: 1x 6.4849853515625E-5s
----- END OF DUMP (2022-10-05 05:00:10)  -----