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 0.048352003097534s
t_/pages/forecast: 1x 0.045130968093872s
t_/common/header-new: 1x 0.028499841690063s
t_/common/head: 1x 0.021690130233765s
t_/common/footer-new: 1x 0.0044012069702148s
router_page: 1x 0.0013558864593506s
router: 1x 0.0010309219360352s
t_/popups/on-download: 1x 0.00091004371643066s
t_/common/cookie-banner: 1x 0.00049090385437012s
service-routes: 1x 0.00030398368835449s
t_/blocks/sidebar-afil: 1x 0.00028181076049805s
router_redirection: 1x 0.00015902519226074s
t_/popups/zoom: 1x 8.1062316894531E-5s
----- END OF DUMP (2025-07-04 02:59:07)  -----