EN

The market has stabilized, the first signs of a downtrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-trend-2
Forecast Details
PairGBPJPY
Publication Time6/30/20 6:10 AM
Direction Sell
Status Closed (132.80)
6:08
6:08
Jun. 30, 2020
Forecast
-80 p
132.80
Stop Loss
132.00
Entry
+75 p
131.25
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-trend-2
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on GBPJPY. As a result, we recommend considering only Short trades at this time.
  2. The Ratios indicator shows the change in the ratio of market players towards buyers. Their increase while the downtrend may indicate the activity of averaging traders. This can serve as "fuel" for further downtrend.
  3. MVP line is above the price and acts as a resistance level.
  4. Visually assessing the ratio of buyers and sellers, we see that retail buyers dominate on the market. This fact favors the Short Orders.
    index: 1x 0.085954189300537s
t_/pages/forecast: 1x 0.084296941757202s
t_/common/header-new: 1x 0.068401098251343s
t_/common/head: 1x 0.060397863388062s
t_/common/footer-new: 1x 0.0044600963592529s
router_page: 1x 0.00090193748474121s
t_/popups/on-download: 1x 0.00086212158203125s
t_/common/cookie-banner: 1x 0.00057387351989746s
router: 1x 0.0005338191986084s
service-routes: 1x 0.00027894973754883s
t_/blocks/sidebar-afil: 1x 0.00019288063049316s
router_redirection: 1x 0.00012993812561035s
t_/popups/zoom: 1x 2.7894973754883E-5s
----- END OF DUMP (2026-08-02 06:46:08)  -----