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 0.030864000320435s
t_/pages/forecast: 1x 0.029274940490723s
t_/common/header-new: 1x 0.017030000686646s
t_/common/head: 1x 0.013540029525757s
t_/common/footer-new: 1x 0.0030570030212402s
router_page: 1x 0.00081706047058105s
t_/popups/on-download: 1x 0.00060892105102539s
t_/common/cookie-banner: 1x 0.00041079521179199s
router: 1x 0.00040411949157715s
service-routes: 1x 0.00021195411682129s
t_/blocks/sidebar-afil: 1x 0.00017690658569336s
router_redirection: 1x 9.5844268798828E-5s
t_/popups/zoom: 1x 2.1934509277344E-5s
----- END OF DUMP (2025-12-04 10:35:12)  -----