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 0.027534961700439s
t_/pages/forecast: 1x 0.025014162063599s
t_/common/header-new: 1x 0.015909194946289s
t_/common/head: 1x 0.013450145721436s
t_/common/footer-new: 1x 0.0022151470184326s
router_page: 1x 0.0016510486602783s
router: 1x 0.00047802925109863s
t_/popups/on-download: 1x 0.00043892860412598s
t_/common/cookie-banner: 1x 0.0003211498260498s
service-routes: 1x 0.00015807151794434s
t_/blocks/sidebar-afil: 1x 0.00014901161193848s
router_redirection: 1x 8.1062316894531E-5s
t_/popups/zoom: 1x 1.0967254638672E-5s
----- END OF DUMP (2025-08-11 18:03:08)  -----