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 Time1/19/21 8:48 PM
Direction Buy
Status Closed (125.25)
20:39
20:39
Jan. 19, 2021
Forecast
+70 p
126.65
Target 1
125.95
Entry
-70 p
125.25
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. 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 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 126.65.
    index: 1x 0.054108858108521s
t_/pages/forecast: 1x 0.050400972366333s
t_/common/header-new: 1x 0.031392812728882s
t_/common/head: 1x 0.024425983428955s
t_/common/footer-new: 1x 0.0066390037536621s
router: 1x 0.0014700889587402s
t_/popups/on-download: 1x 0.0011520385742188s
router_page: 1x 0.0010409355163574s
t_/common/cookie-banner: 1x 0.00075197219848633s
t_/blocks/sidebar-afil: 1x 0.00052404403686523s
service-routes: 1x 0.00051093101501465s
router_redirection: 1x 0.00024890899658203s
t_/popups/zoom: 1x 3.2186508178711E-5s
----- END OF DUMP (2025-03-12 20:10:03)  -----