EN

EURJPY - Upward trend will continue, Long trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairEURJPY
Publication Time2/1/21 7:16 AM
Direction Buy
Status Closed (126.30)
7:13
7:13
Feb. 1, 2021
Forecast
+100 p
127.90
Target 2
+60 p
127.50
Target 1
126.90
Entry
-60 p
126.30
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 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. The first target is at the level of the previous peak - 127.5, and the second one, in case of an active price increase, is at the level - 127.9
    index: 1x 0.029649019241333s
t_/pages/forecast: 1x 0.027721881866455s
t_/common/header-new: 1x 0.018338203430176s
t_/common/head: 1x 0.015177011489868s
t_/common/footer-new: 1x 0.0022530555725098s
router_page: 1x 0.00085592269897461s
router: 1x 0.0005648136138916s
t_/popups/on-download: 1x 0.0004420280456543s
t_/common/cookie-banner: 1x 0.00030803680419922s
t_/blocks/sidebar-afil: 1x 0.0001990795135498s
service-routes: 1x 0.00018501281738281s
router_redirection: 1x 9.7990036010742E-5s
t_/popups/zoom: 1x 1.0013580322266E-5s
----- END OF DUMP (2025-09-30 07:00:09)  -----