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 Time6/9/21 10:08 AM
Direction Sell
Status Closed (133.20)
10:07
10:07
Jun. 9, 2021
Forecast
-70 p
134.10
Stop Loss
133.40
Entry
+60 p
132.80
Target 1
+90 p
132.50
Target 2
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. Majority of traders are still holding onto Longs. This means we should continue to Sell EURJPY.
  2. There is an increase in the number of bulls on the upward movement, followed by correction. We consider this movement as a trap for buyers and look forward for a continuation of the downtrend.
  3. The Delta of the Profit Ratio indicator exceeds the threshold value of 2%. A decrease of EURJPY price is expected.
  4. The first target is at the level of the previous bottom - 132.8, and the second one, in case of an active price decrease, is at the level - 132.5
    index: 1x 0.034358024597168s
t_/pages/forecast: 1x 0.032215118408203s
t_/common/header-new: 1x 0.02143383026123s
t_/common/head: 1x 0.017303943634033s
t_/common/footer-new: 1x 0.0027270317077637s
router_page: 1x 0.0013120174407959s
t_/popups/on-download: 1x 0.0005948543548584s
t_/common/cookie-banner: 1x 0.00056195259094238s
router: 1x 0.00053191184997559s
service-routes: 1x 0.00023508071899414s
t_/blocks/sidebar-afil: 1x 0.00016617774963379s
router_redirection: 1x 0.00013089179992676s
t_/popups/zoom: 1x 3.0040740966797E-5s
----- END OF DUMP (2026-07-12 18:36:07)  -----