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 0.055352926254272s
t_/pages/forecast: 1x 0.048694849014282s
t_/common/header-new: 1x 0.034843921661377s
t_/common/head: 1x 0.031018972396851s
router: 1x 0.0039629936218262s
t_/common/footer-new: 1x 0.0039260387420654s
service-routes: 1x 0.0031061172485352s
router_redirection: 1x 0.0026018619537354s
t_/popups/on-download: 1x 0.0011069774627686s
router_page: 1x 0.0010209083557129s
t_/common/cookie-banner: 1x 0.0005190372467041s
t_/blocks/sidebar-afil: 1x 0.00017285346984863s
t_/popups/zoom: 1x 3.2186508178711E-5s
----- END OF DUMP (2026-08-05 06:29:08)  -----