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 0.026048183441162s
t_/pages/forecast: 1x 0.024469137191772s
t_/common/header-new: 1x 0.015667200088501s
t_/common/head: 1x 0.012488126754761s
t_/common/footer-new: 1x 0.002255916595459s
router_page: 1x 0.00075912475585938s
router: 1x 0.00046706199645996s
t_/popups/on-download: 1x 0.00043296813964844s
t_/common/cookie-banner: 1x 0.00032901763916016s
service-routes: 1x 0.00018095970153809s
t_/blocks/sidebar-afil: 1x 0.00013399124145508s
router_redirection: 1x 9.5844268798828E-5s
t_/popups/zoom: 1x 3.0994415283203E-5s
----- END OF DUMP (2025-11-12 08:57:11)  -----