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 Time7/20/20 1:31 PM
Direction Buy
Status Closed (123.00)
13:30
13:30
Jul. 20, 2020
Forecast
+90 p
123.25
Target 2
+65 p
123.00
Target 1
122.35
Entry
-75 p
121.60
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 increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
  3. MVP line is below the price and acts as a support level.
  4. The first target is at the level of the previous peak - 123, and the second one, in case of an active price increase, is at the level - 123.25
    index: 1x 0.045193910598755s
t_/pages/forecast: 1x 0.041360855102539s
t_/common/header-new: 1x 0.027734994888306s
t_/common/head: 1x 0.023173093795776s
t_/common/footer-new: 1x 0.0027139186859131s
router_page: 1x 0.002479076385498s
router: 1x 0.00077080726623535s
t_/popups/on-download: 1x 0.00065302848815918s
t_/common/cookie-banner: 1x 0.00054311752319336s
t_/blocks/sidebar-afil: 1x 0.00027894973754883s
service-routes: 1x 0.00026202201843262s
router_redirection: 1x 0.00015020370483398s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2026-08-02 09:37:08)  -----