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 0.027884960174561s
t_/pages/forecast: 1x 0.025954008102417s
t_/common/header-new: 1x 0.015427827835083s
t_/common/head: 1x 0.012531042098999s
t_/common/footer-new: 1x 0.0024561882019043s
router_page: 1x 0.00088000297546387s
router: 1x 0.00055408477783203s
t_/popups/on-download: 1x 0.00045299530029297s
t_/common/cookie-banner: 1x 0.00038599967956543s
service-routes: 1x 0.00024509429931641s
t_/blocks/sidebar-afil: 1x 0.00015497207641602s
router_redirection: 1x 0.00012803077697754s
t_/popups/zoom: 1x 3.6001205444336E-5s
----- END OF DUMP (2025-09-06 18:10:09)  -----