Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

April 2, 2021 7:05:21 AM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (129.90)
Apr. 2, 2021

+85 p
Target 2
+65 p
Target 1
-75 p
Stop Loss
Chart & Analyst Comments
  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 0.056203126907349s
t_/pages/forecast: 1x 0.05125880241394s
t_/common/header-new: 1x 0.031126976013184s
t_/common/head: 1x 0.025765895843506s
t_/common/footer-new: 1x 0.0058481693267822s
router_page: 1x 0.0028090476989746s
router: 1x 0.0011827945709229s
t_/popups/on-download: 1x 0.00058102607727051s
service-routes: 1x 0.00050520896911621s
router_redirection: 1x 0.00023603439331055s
t_/popups/zoom: 1x 5.8889389038086E-5s
----- END OF DUMP (2022-07-05 17:54:07)  -----