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 Time7/31/20 6:52 AM
Direction Buy
Status Closed (124.85)
6:50
23:59
Jul. 31, 2020
Forecast
+75 p
124.85
Target 1
124.10
Entry
-85 p
123.25
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 activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. MVP line is below the price and acts as a support level.
  4. We are focused on the breakdown of the previous peak, the target at the level of 124.85.
    index: 1x 0.036986112594604s
t_/pages/forecast: 1x 0.035446882247925s
t_/common/header-new: 1x 0.02092719078064s
t_/common/head: 1x 0.016685962677002s
t_/common/footer-new: 1x 0.0034880638122559s
router_page: 1x 0.00081706047058105s
t_/popups/on-download: 1x 0.0006859302520752s
router: 1x 0.00055217742919922s
t_/common/cookie-banner: 1x 0.00054001808166504s
t_/blocks/sidebar-afil: 1x 0.00025010108947754s
service-routes: 1x 0.00023198127746582s
router_redirection: 1x 0.00014114379882812s
t_/popups/zoom: 1x 3.6001205444336E-5s
----- END OF DUMP (2026-05-07 22:23:05)  -----