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 Time1/14/20 7:57 PM
Direction Buy
Status Closed (110.00)
19:50
19:50
Jan. 14, 2020
Forecast
+50 p
110.50
Target 1
110.00
Entry
-45 p
109.55
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. According to the most brokers’ data, more than half of the traders are currently in short positions on USDJPY. As a result, we recommend considering only Long trades at this time.
  2. The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
  3. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  4. Set Take profit at the local price maximum.
    index: 1x 0.048701763153076s
t_/pages/forecast: 1x 0.044992923736572s
t_/common/header-new: 1x 0.030563116073608s
t_/common/head: 1x 0.025268077850342s
t_/common/footer-new: 1x 0.0027720928192139s
router_page: 1x 0.0019278526306152s
router: 1x 0.00098586082458496s
t_/common/cookie-banner: 1x 0.00065016746520996s
t_/popups/on-download: 1x 0.00059986114501953s
service-routes: 1x 0.00046491622924805s
t_/blocks/sidebar-afil: 1x 0.0003058910369873s
router_redirection: 1x 0.00022697448730469s
t_/popups/zoom: 1x 1.5974044799805E-5s
----- END OF DUMP (2024-04-27 00:09:04)  -----