EN

The market has stabilized, the first signs of an uptrend appeared

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-trend-2
Forecast Details
PairUSDJPY
Publication Time12/2/19 8:00 AM
Direction Buy
Status Closed (108.50)
Dec. 2, 2019
Dec. 9, 2019
Forecast
+110 p
110.20
Target 1
109.10
Entry
-110 p
108.00
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-trend-2
  1. According to the Current Ratio indicator, the market crowd inclined to believe in a downward movement. We recommend Long trade for today.
  2. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  3. The Ratios indicator demonstrates a market shift towards sellers. Their increase while the downward movement may indicate a successfully triggered trap. Possible price upward reversal.
  4. We are focused on the breakdown of the previous peak, the target at the level of 110.2.
    index: 1x 0.052541017532349s
t_/pages/forecast: 1x 0.048778057098389s
t_/common/header-new: 1x 0.031445980072021s
t_/common/head: 1x 0.026381015777588s
t_/common/footer-new: 1x 0.0044500827789307s
router_page: 1x 0.0019950866699219s
t_/popups/on-download: 1x 0.00097393989562988s
router: 1x 0.00094699859619141s
t_/common/cookie-banner: 1x 0.00065493583679199s
service-routes: 1x 0.00041794776916504s
t_/blocks/sidebar-afil: 1x 0.00029110908508301s
router_redirection: 1x 0.00018692016601562s
t_/popups/zoom: 1x 4.6968460083008E-5s
----- END OF DUMP (2024-07-27 03:31:07)  -----