USDJPY - Upward trend will continue, Long trade by market price recommended

September 4, 2019 5:57:05 PM by Alex Zarevich
Forecast Details
PairUSDJPY
Direction Buy
StatusClosed (106.85)
17:51
17:51
Sep. 4, 2019

+100 p
107.25
Target 2
+60 p
106.85
Target 1
106.25
Entry
-65 p
105.60
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  1. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  2. The Ratios indicator demonstrates a market shift towards sellers. Their increase while the downward movement may indicate a successfully triggered trap. Possible price upward reversal.
  3. The first target is at the level of the previous peak - 106.85, and the second one, in case of an active price increase, is at the level - 107.25
    index: 1x 0.034543991088867s
t_/pages/forecast: 1x 0.031278848648071s
t_/common/header-new: 1x 0.019958972930908s
t_/common/head: 1x 0.016587018966675s
t_/common/footer-new: 1x 0.0023839473724365s
router_page: 1x 0.0016701221466064s
router: 1x 0.00078201293945312s
t_/popups/on-download: 1x 0.00047683715820312s
service-routes: 1x 0.00032305717468262s
router_redirection: 1x 0.00014090538024902s
t_/popups/zoom: 1x 1.3113021850586E-5s
----- END OF DUMP (2023-01-31 09:40:01)  -----