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
Publication Time10/3/22 5:56 AM
Direction Buy
Status Closed (1.3650)
5:56
5:56
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
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

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 0.04748797416687s
t_/pages/forecast: 1x 0.042744159698486s
t_/common/header-new: 1x 0.026232004165649s
t_/common/head: 1x 0.019425868988037s
t_/common/footer-new: 1x 0.0060648918151855s
router_page: 1x 0.0025680065155029s
router: 1x 0.001101016998291s
t_/popups/on-download: 1x 0.0010838508605957s
t_/common/cookie-banner: 1x 0.00077199935913086s
service-routes: 1x 0.00035285949707031s
t_/blocks/sidebar-afil: 1x 0.00028610229492188s
router_redirection: 1x 0.00017690658569336s
t_/popups/zoom: 1x 9.1075897216797E-5s
----- END OF DUMP (2025-06-17 01:33:06)  -----