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

EURJPY - Upward trend will continue, Long trade by market price recommended

May 25, 2022 5:10:22 AM by Alexander Zorevyk
Forecast Details
PairEURJPY
Direction Buy
StatusClosed (135.10)
5:10
5:10
May 25, 2022

+100 p
136.90
Target 2
+80 p
136.70
Target 1
135.90
Entry
-80 p
135.10
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  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 activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  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 - 136.7, and the second one, in case of an active price increase, is at the level - 136.9
    index: 1x 0.041823863983154s
t_/pages/forecast: 1x 0.036595106124878s
t_/common/header-new: 1x 0.025022029876709s
t_/common/head: 1x 0.02028489112854s
router_page: 1x 0.0024847984313965s
t_/common/footer-new: 1x 0.0024769306182861s
router: 1x 0.0011889934539795s
t_/popups/on-download: 1x 0.0005030632019043s
service-routes: 1x 0.00045490264892578s
router_redirection: 1x 0.00022292137145996s
t_/popups/zoom: 1x 1.4781951904297E-5s
----- END OF DUMP (2022-07-05 19:45:07)  -----