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 0.043395042419434s
t_/pages/forecast: 1x 0.040625810623169s
t_/common/header-new: 1x 0.026010036468506s
t_/common/head: 1x 0.019435882568359s
t_/common/footer-new: 1x 0.0042130947113037s
router_page: 1x 0.0011820793151855s
router: 1x 0.00085806846618652s
t_/popups/on-download: 1x 0.00081706047058105s
t_/common/cookie-banner: 1x 0.00055313110351562s
service-routes: 1x 0.00032711029052734s
t_/blocks/sidebar-afil: 1x 0.00031805038452148s
router_redirection: 1x 0.00017309188842773s
t_/popups/zoom: 1x 5.1975250244141E-5s
----- END OF DUMP (2025-07-06 23:08:07)  -----