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 0.04183292388916s
t_/pages/forecast: 1x 0.037319898605347s
t_/common/header-new: 1x 0.024130821228027s
t_/common/head: 1x 0.020462036132812s
router_page: 1x 0.0035769939422607s
t_/common/footer-new: 1x 0.0026509761810303s
router: 1x 0.00067687034606934s
t_/popups/on-download: 1x 0.00047802925109863s
t_/blocks/sidebar-afil: 1x 0.00046682357788086s
t_/common/cookie-banner: 1x 0.00036215782165527s
service-routes: 1x 0.00027799606323242s
router_redirection: 1x 0.0001828670501709s
t_/popups/zoom: 1x 1.5974044799805E-5s
----- END OF DUMP (2026-05-16 09:19:05)  -----