The market has stabilized, the first signs of a downtrend appeared
June 26, 2019 4:55:28 PM
Forecast Details
PairUSDJPY
Direction
Sell
StatusClosed (107.3)
-50 p
107.80
Stop Loss
107.30
Entry
+50 p
106.80
Target 1
About Author
Alexander Zorevyk
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 16
Buy or Sell
Chart & Analyst Comments
Visually, the price is near the upper band of the range movement. We assume that it will not be broken through and the price will move downwards. We recommend a sell order for at 107.3. See factors that support this assumption:
- The Current Ratios indicator, which is used to quickly assess market sentiment, currently signals sell.
- The activity of "fresh" buyers in an uptrend may indicate that the market is waiting for the recovery of the bull trend. However, according to our analysis, this movement is corrective and we expect the price to go down.