EN

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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairUSDCAD
Publish Time10/3/22 5:56 AM
Direction Buy
Status Closed (1.3650)
5:56:00 AM UTC
5:56:00 AM UTC
Oct. 3, 2022
Forecast
+95 p
1.3835
Target 1
1.3740
Entry
-90 p
1.3650
Stop Loss
Related Links
How to use MT4/5 Indicators Tools

Chart & Analyst Comments

main-buy-market-trend-1
  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. The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
    index: 1x 0.035567045211792s
t_/pages/forecast: 1x 0.03240180015564s
t_/common/header-new: 1x 0.020161867141724s
t_/common/head: 1x 0.016844034194946s
t_/common/footer-new: 1x 0.0025010108947754s
router_page: 1x 0.0015189647674561s
router: 1x 0.0007169246673584s
t_/popups/on-download: 1x 0.00059103965759277s
service-routes: 1x 0.00029110908508301s
router_redirection: 1x 0.00013208389282227s
t_/common/cookie-banner: 1x 1.7166137695312E-5s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2023-03-31 03:34:03)  -----