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 Time7/28/20 6:01 AM
Direction Buy
Status Closed (123.15)
5:58
5:58
Jul. 28, 2020
Forecast
+95 p
124.75
Target 2
+60 p
124.40
Target 1
123.80
Entry
-65 p
123.15
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. Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Buy Order.
  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. MVP line is below the price and acts as a support level.
  4. The first target is at the level of the previous peak - 124.4, and the second one, in case of an active price increase, is at the level - 124.75
    index: 1x 0.037172079086304s
t_/pages/forecast: 1x 0.034193992614746s
t_/common/header-new: 1x 0.021987199783325s
t_/common/head: 1x 0.018177032470703s
t_/common/footer-new: 1x 0.0030941963195801s
router_page: 1x 0.0013189315795898s
router: 1x 0.00077104568481445s
t_/popups/on-download: 1x 0.0006561279296875s
t_/common/cookie-banner: 1x 0.00051403045654297s
service-routes: 1x 0.0003209114074707s
t_/blocks/sidebar-afil: 1x 0.00017094612121582s
router_redirection: 1x 0.00015711784362793s
t_/popups/zoom: 1x 3.7908554077148E-5s
----- END OF DUMP (2024-12-31 04:39:12)  -----