EN

NZDUSD - Downward trend will continue, Short trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairNZDUSD
Publication Time11/11/19 3:18 PM
Direction Sell
Status Closed (0.6380)
Nov. 11, 2019
Nov. 18, 2019
Forecast
-125 p
0.6485
Stop Loss
0.6360
Entry
+135 p
0.6225
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 Current Ratio indicator, the market crowd inclined to believe in an upward movement. We recommend Short trade for today.
  2. In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
  3. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  4. MVP line is above the price and acts as a resistance level.
    index: 1x 0.38244104385376s
router: 1x 0.35021996498108s
t_/pages/forecast: 1x 0.030835866928101s
t_/common/header-new: 1x 0.020231008529663s
t_/common/head: 1x 0.017358064651489s
t_/common/footer-new: 1x 0.002547025680542s
router_page: 1x 0.0010061264038086s
t_/popups/on-download: 1x 0.00056791305541992s
t_/common/cookie-banner: 1x 0.00034284591674805s
service-routes: 1x 0.00025415420532227s
t_/blocks/sidebar-afil: 1x 0.00013399124145508s
router_redirection: 1x 0.00013303756713867s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2024-10-29 11:59:10)  -----