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 Time4/18/24 10:40 AM
Direction Buy
Status Closed (153.90)
10:40
10:40
Apr. 18, 2024
Forecast
+50 p
155.00
Target 1
154.50
Entry
-60 p
153.90
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. Set Take Profit at the local high, beyond which there is a cluster of orders.
    index: 1x 0.035031080245972s
t_/pages/forecast: 1x 0.032015085220337s
t_/common/header-new: 1x 0.020615816116333s
t_/common/head: 1x 0.017224073410034s
t_/common/footer-new: 1x 0.0029981136322021s
router_page: 1x 0.0014660358428955s
router: 1x 0.00063896179199219s
t_/popups/on-download: 1x 0.00059795379638672s
t_/common/cookie-banner: 1x 0.00039315223693848s
service-routes: 1x 0.0002751350402832s
t_/blocks/sidebar-afil: 1x 0.00015997886657715s
router_redirection: 1x 0.00015115737915039s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2024-05-06 01:56:05)  -----