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 Time3/29/21 5:34 AM
Direction Buy
Status Closed (129.35)
5:23
5:23
Mar. 29, 2021
Forecast
+100 p
129.85
Target 2
+65 p
129.50
Target 1
128.85
Entry
-65 p
128.20
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. 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. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  3. MVP line is below the price and acts as a support level.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
  5. The trade is aimed at the previous high breakout. The SLC indicator signals us to set our target at the level where most Stop Losses are placed - 129.5
    index: 1x 0.034157037734985s
t_/pages/forecast: 1x 0.0326828956604s
t_/common/header-new: 1x 0.019490957260132s
t_/common/head: 1x 0.015635967254639s
t_/common/footer-new: 1x 0.0038721561431885s
t_/popups/on-download: 1x 0.0013389587402344s
router_page: 1x 0.00075006484985352s
router: 1x 0.00054717063903809s
t_/common/cookie-banner: 1x 0.00041794776916504s
t_/blocks/sidebar-afil: 1x 0.00025486946105957s
service-routes: 1x 0.00018596649169922s
router_redirection: 1x 0.00011086463928223s
t_/popups/zoom: 1x 6.103515625E-5s
----- END OF DUMP (2026-06-30 20:12:06)  -----