Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

The market has stabilized, the first signs of an uptrend appeared

October 21, 2021 12:53:21 PM by Alexander Zorevyk
Forecast Details
PairEURJPY
Direction Buy
StatusClosed (133.10)
12:51
12:51
Oct. 21, 2021

+90 p
134.00
Target 2
+50 p
133.60
Target 1
133.10
Entry
-60 p
132.50
Stop Loss
Chart & Analyst Comments
main-buy-trend-2
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  3. The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
  4. The first target is at the level of the previous peak - 133.6, and the second one, in case of an active price increase, is at the level - 134
    index: 1x 0.034794092178345s
t_/pages/forecast: 1x 0.031817197799683s
t_/common/header-new: 1x 0.019942998886108s
t_/common/head: 1x 0.016511917114258s
t_/common/footer-new: 1x 0.0027780532836914s
router_page: 1x 0.0015900135040283s
router: 1x 0.00080013275146484s
t_/popups/on-download: 1x 0.00052905082702637s
service-routes: 1x 0.00033712387084961s
router_redirection: 1x 0.00014519691467285s
t_/popups/zoom: 1x 3.2186508178711E-5s
----- END OF DUMP (2022-07-02 02:19:07)  -----