Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

September 14, 2022 9:48:28 AM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (143.25)
Sep. 14, 2022

+145 p
Target 2
+100 p
Target 1
-100 p
Stop Loss
Chart & Analyst Comments
  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. In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
  3. When the price decreases, a signal is formed (orange labels), which implies an upward movement.
  4. The idea of ​​this Buy forecast is based on a long-term upntrend, which is confirmed by the MVP indicator dynamics.
  5. The first target is at the level of the previous peak - 144.25, and the second one, in case of an active price increase, is at the level - 144.7
    index: 1x 0.03774094581604s
t_/pages/forecast: 1x 0.034423112869263s
t_/common/header-new: 1x 0.022458076477051s
t_/common/head: 1x 0.019049882888794s
t_/common/footer-new: 1x 0.0026290416717529s
router_page: 1x 0.001533031463623s
router: 1x 0.00083708763122559s
t_/popups/on-download: 1x 0.00050091743469238s
service-routes: 1x 0.0003199577331543s
router_redirection: 1x 0.00016117095947266s
t_/popups/zoom: 1x 2.598762512207E-5s
----- END OF DUMP (2022-10-05 06:24:10)  -----