EN

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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-trend-2
Forecast Details
PairEURJPY
Publication Time4/2/21 7:05 AM
Direction Buy
Status Closed (129.90)
7:02
7:02
Apr. 2, 2021
Forecast
+85 p
130.75
Target 2
+65 p
130.55
Target 1
129.90
Entry
-75 p
129.15
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 most brokers’ data, more than half of the traders are currently in short positions on EURJPY. As a result, we recommend considering only Long trades at this time.
  2. The number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
  3. There is an increase in Buy Orders when the price attempts to move up. We expect a downward movement to eliminate the accumulated buyers. We recommend to set Buy Limit at 129.9
  4. MVP line is below the price and acts as a support level.
  5. The first target is at the level of the previous peak - 130.55, and the second one, in case of an active price increase, is at the level - 130.75
    index: 1x 0.034750938415527s
t_/pages/forecast: 1x 0.032449960708618s
t_/common/header-new: 1x 0.019736051559448s
t_/common/head: 1x 0.016516923904419s
t_/common/footer-new: 1x 0.0026588439941406s
router_page: 1x 0.0010230541229248s
router: 1x 0.00072908401489258s
t_/popups/on-download: 1x 0.00057387351989746s
t_/common/cookie-banner: 1x 0.00038290023803711s
service-routes: 1x 0.0003659725189209s
t_/blocks/sidebar-afil: 1x 0.00023198127746582s
router_redirection: 1x 0.00021004676818848s
t_/popups/zoom: 1x 1.5974044799805E-5s
----- END OF DUMP (2024-12-21 14:15:12)  -----