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 Time10/10/24 7:31 AM
Direction Buy
Status Closed (1.3770)
7:31
7:31
Oct. 10, 2024
Forecast
+50 p
1.3770
Target 1
1.3720
Entry
-55 p
1.3665
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 MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
  3. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
    index: 1x 0.036352872848511s
t_/pages/forecast: 1x 0.031529188156128s
t_/common/header-new: 1x 0.021233797073364s
t_/common/head: 1x 0.017210006713867s
t_/common/footer-new: 1x 0.0025238990783691s
router_page: 1x 0.0013599395751953s
router: 1x 0.00074291229248047s
t_/common/cookie-banner: 1x 0.00060510635375977s
t_/popups/on-download: 1x 0.00056004524230957s
service-routes: 1x 0.00030803680419922s
t_/blocks/sidebar-afil: 1x 0.00018000602722168s
router_redirection: 1x 0.00014090538024902s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2024-12-21 15:10:12)  -----