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 Time3/25/20 4:59 PM
Direction Buy
Status Closed (110.70)
16:53
16:53
Mar. 25, 2020
Forecast
+70 p
112.15
Target 1
111.45
Entry
-75 p
110.70
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. Majority of traders are still holding onto Shorts. This means we should continue to Buy USDJPY.
  2. Analyzing the positions ratio, we see that most traders are currently in Shorts, which also combines with the original idea.
  3. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
  4. These accumulation of retail traders stop losses coincide with the level of the previous high. This level will serve as the target for our trade.
    index: 1x 0.05066704750061s
t_/pages/forecast: 1x 0.047918081283569s
t_/common/header-new: 1x 0.031816005706787s
t_/common/head: 1x 0.021299123764038s
t_/common/footer-new: 1x 0.0049431324005127s
router_page: 1x 0.0011799335479736s
t_/popups/on-download: 1x 0.00088310241699219s
router: 1x 0.00079703330993652s
t_/common/cookie-banner: 1x 0.00074505805969238s
t_/blocks/sidebar-afil: 1x 0.00028419494628906s
service-routes: 1x 0.00027012825012207s
router_redirection: 1x 0.00016093254089355s
t_/popups/zoom: 1x 2.2172927856445E-5s
----- END OF DUMP (2025-07-01 04:49:07)  -----