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 Time2/23/22 9:27 AM
Direction Buy
Status Closed (129.90)
9:25
9:25
Feb. 23, 2022
Forecast
+65 p
131.25
Target 1
130.60
Entry
-70 p
129.90
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. The Current Ratio indicator, which is used for quick market sentiment analysis, provides Buy signal at the moment.
  2. In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
  3. Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
  4. Price broke through the MVP line and rushed up. We consider this a sign for further EURJPY price increase.
  5. Set Take profit at the local price maximum.
    index: 1x 0.035731077194214s
t_/pages/forecast: 1x 0.032933950424194s
t_/common/header-new: 1x 0.020921945571899s
t_/common/head: 1x 0.017406940460205s
t_/common/footer-new: 1x 0.0030851364135742s
router_page: 1x 0.0014400482177734s
t_/popups/on-download: 1x 0.00069880485534668s
router: 1x 0.00067520141601562s
t_/common/cookie-banner: 1x 0.00041699409484863s
service-routes: 1x 0.00029110908508301s
t_/blocks/sidebar-afil: 1x 0.0002291202545166s
router_redirection: 1x 0.00014495849609375s
t_/popups/zoom: 1x 3.6001205444336E-5s
----- END OF DUMP (2024-04-25 13:08:04)  -----