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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 Time3/23/26 8:39 AM
Direction Buy
Status Closed (159.00)
8:39
8:39
Mar. 23, 2026
Forecast
+50 p
159.90
Target 1
159.40
Entry
-40 p
159.00
Stop Loss
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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 activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. MVP line is below the price and acts as a support level.
  4. Set Take profit at the local price maximum.
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