EN

USDCAD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairUSDCAD
Publication Time7/19/23 11:58 AM
Direction Sell
Status Closed (1.3120)
11:58
11:58
Jul. 19, 2023
Forecast
-65 p
1.3250
Stop Loss
1.3185
Entry
+65 p
1.3120
Target 1
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-sell-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. MVP line is above the price and acts as a resistance level.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  4. Set Take Profit at the local low, beyond which there is a cluster of orders.
    index: 1x 0.035392045974731s
t_/pages/forecast: 1x 0.033442974090576s
t_/common/header-new: 1x 0.021232128143311s
t_/common/head: 1x 0.017676115036011s
t_/common/footer-new: 1x 0.0025160312652588s
router_page: 1x 0.0008997917175293s
router: 1x 0.00081801414489746s
t_/popups/on-download: 1x 0.00059103965759277s
t_/common/cookie-banner: 1x 0.0004580020904541s
t_/blocks/sidebar-afil: 1x 0.00026798248291016s
service-routes: 1x 0.00026702880859375s
router_redirection: 1x 0.00012683868408203s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2026-06-09 06:04:06)  -----