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 0.030240058898926s
t_/pages/forecast: 1x 0.028695106506348s
t_/common/header-new: 1x 0.01820707321167s
t_/common/head: 1x 0.01508092880249s
t_/common/footer-new: 1x 0.002910852432251s
router_page: 1x 0.00077700614929199s
t_/popups/on-download: 1x 0.00071001052856445s
router: 1x 0.00056099891662598s
t_/common/cookie-banner: 1x 0.00033807754516602s
service-routes: 1x 0.00019097328186035s
t_/blocks/sidebar-afil: 1x 0.00015997886657715s
router_redirection: 1x 9.9897384643555E-5s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2026-08-02 07:46:08)  -----