EN

The market has stabilized, the first signs of an uptrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-trend-2
Forecast Details
PairUSDCAD
Publication Time6/17/22 5:02 AM
Direction Buy
Status Closed (1.2925)
5:02
5:02
Jun. 17, 2022
Forecast
+100 p
1.3025
Target 2
+70 p
1.2995
Target 1
1.2925
Entry
-70 p
1.2855
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-trend-2
  1. Since the CurrentRatio sentiment indicator informs us that the market crowd is selling, we should consider sticking to Buy Orders.
  2. In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
  3. MVP line is below the price and acts as a support level.
  4. The first target is at the level of the previous peak - 1.2995, and the second one, in case of an active price increase, is at the level - 1.3025
    index: 1x 0.070054054260254s
t_/pages/forecast: 1x 0.067076921463013s
t_/common/header-new: 1x 0.044265031814575s
t_/common/head: 1x 0.032373905181885s
t_/common/footer-new: 1x 0.0053298473358154s
t_/popups/on-download: 1x 0.0013389587402344s
router_page: 1x 0.0013267993927002s
t_/common/cookie-banner: 1x 0.00091695785522461s
router: 1x 0.00090718269348145s
t_/blocks/sidebar-afil: 1x 0.00043487548828125s
service-routes: 1x 0.00033998489379883s
router_redirection: 1x 0.00016188621520996s
t_/popups/zoom: 1x 5.793571472168E-5s
----- END OF DUMP (2025-05-18 00:30:05)  -----