EN

EURJPY - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairEURJPY
Publication Time10/1/24 7:23 AM
Direction Sell
Status Closed (159.00)
7:23
7:23
Oct. 1, 2024
Forecast
-105 p
161.10
Stop Loss
160.05
Entry
+105 p
159.00
Target 1
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-sell-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. Price broke through the MVP line and rushed down. We consider this a sign for further EURJPY price decrease.
  3. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 159
    index: 1x 0.030866861343384s
t_/pages/forecast: 1x 0.029355049133301s
t_/common/header-new: 1x 0.019205093383789s
t_/common/head: 1x 0.015756130218506s
t_/common/footer-new: 1x 0.0029439926147461s
router_page: 1x 0.000701904296875s
t_/popups/on-download: 1x 0.00049400329589844s
router: 1x 0.00043296813964844s
t_/common/cookie-banner: 1x 0.00038909912109375s
service-routes: 1x 0.00020813941955566s
t_/blocks/sidebar-afil: 1x 0.00017786026000977s
router_redirection: 1x 0.00011706352233887s
t_/popups/zoom: 1x 1.8119812011719E-5s
----- END OF DUMP (2025-12-04 10:48:12)  -----