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 0.0345458984375s
t_/pages/forecast: 1x 0.032493114471436s
t_/common/header-new: 1x 0.021407842636108s
t_/common/head: 1x 0.016642808914185s
t_/common/footer-new: 1x 0.002525806427002s
router_page: 1x 0.00089406967163086s
router: 1x 0.00052213668823242s
t_/common/cookie-banner: 1x 0.00051403045654297s
t_/popups/on-download: 1x 0.00045299530029297s
t_/blocks/sidebar-afil: 1x 0.00029397010803223s
service-routes: 1x 0.00023102760314941s
router_redirection: 1x 0.00012588500976562s
t_/popups/zoom: 1x 1.215934753418E-5s
----- END OF DUMP (2025-10-13 22:26:10)  -----