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 Time8/12/20 7:30 AM
Direction Buy
Status Closed (126.00)
7:27
7:27
Aug. 12, 2020
Forecast
+80 p
126.00
Target 1
125.20
Entry
-75 p
124.45
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. Majority of traders are still holding onto Shorts. This means we should continue to Buy EURJPY.
  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. We are focused on the breakdown of the previous peak, the target at the level of 126.
    index: 1x 0.029497146606445s
t_/pages/forecast: 1x 0.027945041656494s
t_/common/header-new: 1x 0.01894211769104s
t_/common/head: 1x 0.014149188995361s
t_/common/footer-new: 1x 0.0023880004882812s
router_page: 1x 0.00077509880065918s
t_/popups/on-download: 1x 0.00042986869812012s
router: 1x 0.00042200088500977s
t_/common/cookie-banner: 1x 0.00034904479980469s
service-routes: 1x 0.0002129077911377s
t_/blocks/sidebar-afil: 1x 0.00015401840209961s
router_redirection: 1x 0.00010204315185547s
t_/popups/zoom: 1x 1.8119812011719E-5s
----- END OF DUMP (2025-11-21 05:18:11)  -----