EN

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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-trend-2
Forecast Details
PairEURJPY
Publication Time5/26/20 4:02 PM
Direction Buy
Status Closed (118.65)
15:53
15:53
May 26, 2020
Forecast
+75 p
118.65
Target 2
+55 p
118.45
Target 1
117.90
Entry
-60 p
117.30
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-trend-2
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on EURJPY. As a result, we recommend considering only Long trades at this time.
  2. There is an increase in Buy Orders when the price attempts to move up. We expect a downward movement to eliminate the accumulated buyers. We recommend to set Buy Limit at 117.9
  3. MVP line is below the price and acts as a support level.
  4. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
    index: 1x 0.049164056777954s
t_/pages/forecast: 1x 0.045263051986694s
t_/common/header-new: 1x 0.02829384803772s
t_/common/head: 1x 0.023473024368286s
t_/common/footer-new: 1x 0.0043380260467529s
router_page: 1x 0.0020849704742432s
router: 1x 0.00099802017211914s
t_/popups/on-download: 1x 0.00089597702026367s
t_/common/cookie-banner: 1x 0.00063014030456543s
service-routes: 1x 0.00047111511230469s
t_/blocks/sidebar-afil: 1x 0.00031590461730957s
router_redirection: 1x 0.00021100044250488s
t_/popups/zoom: 1x 5.9127807617188E-5s
----- END OF DUMP (2024-04-19 19:19:04)  -----