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 Time7/29/21 7:11 AM
Direction Buy
Status Closed (130.25)
7:01
7:01
Jul. 29, 2021
Forecast
+60 p
130.85
Target 1
130.25
Entry
-60 p
129.65
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. Majority of traders are still holding onto Shorts. This means we should continue to Buy EURJPY.
  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 number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
  4. MVP line is below the price and acts as a support level.
  5. We are focused on the breakdown of the previous peak, the target at the level of 130.85.
    index: 1x 0.057440996170044s
t_/pages/forecast: 1x 0.052994012832642s
t_/common/header-new: 1x 0.030872821807861s
t_/common/head: 1x 0.021455764770508s
t_/blocks/sidebar-afil: 1x 0.0048539638519287s
t_/common/footer-new: 1x 0.0047731399536133s
router_page: 1x 0.0020101070404053s
router: 1x 0.0010709762573242s
t_/popups/on-download: 1x 0.00081682205200195s
t_/common/cookie-banner: 1x 0.00070905685424805s
service-routes: 1x 0.00037407875061035s
router_redirection: 1x 0.00024104118347168s
t_/popups/zoom: 1x 0.00011992454528809s
----- END OF DUMP (2025-01-26 05:34:01)  -----