EN

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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairUSDCHF
Publication Time6/1/23 9:37 AM
Direction Sell
Status Closed (0.9045)
9:37
9:37
Jun. 1, 2023
Forecast
-55 p
0.9150
Stop Loss
0.9095
Entry
+50 p
0.9045
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, which is used for quick market sentiment analysis, provides Sell signal at the moment.
  2. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  4. MVP line is above the price and acts as a resistance level.
    index: 1x 0.048848152160645s
t_/pages/forecast: 1x 0.044783115386963s
t_/common/header-new: 1x 0.028218030929565s
t_/common/head: 1x 0.023240089416504s
t_/common/footer-new: 1x 0.0043709278106689s
router_page: 1x 0.001986026763916s
router: 1x 0.00096893310546875s
t_/popups/on-download: 1x 0.00090599060058594s
t_/common/cookie-banner: 1x 0.00062203407287598s
service-routes: 1x 0.00046706199645996s
t_/blocks/sidebar-afil: 1x 0.00032687187194824s
router_redirection: 1x 0.00023508071899414s
t_/popups/zoom: 1x 5.6982040405273E-5s
----- END OF DUMP (2024-04-27 06:13:04)  -----