EN

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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairUSDJPY
Publication Time10/5/22 8:34 AM
Direction Buy
Status Closed (144.65)
8:34
8:34
Oct. 5, 2022
Forecast
+65 p
145.10
Target 1
144.45
Entry
-70 p
143.75
Stop Loss
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-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  3. When the price decreases, a signal is formed (orange labels), which implies an upward movement.
  4. The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
  5. The risk-to-profit ratio allows us to set Take Profit for a Long trade at 145.1
    index: 1x 0.03510308265686s
t_/pages/forecast: 1x 0.032818078994751s
t_/common/header-new: 1x 0.020854949951172s
t_/common/head: 1x 0.017690181732178s
t_/common/footer-new: 1x 0.002918004989624s
router_page: 1x 0.0012059211730957s
t_/popups/on-download: 1x 0.00067496299743652s
router: 1x 0.00057792663574219s
t_/common/cookie-banner: 1x 0.00041604042053223s
service-routes: 1x 0.00027704238891602s
t_/blocks/sidebar-afil: 1x 0.00016117095947266s
router_redirection: 1x 0.00012302398681641s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2024-10-22 16:26:10)  -----