EN

EURJPY - Downward trend will continue, Short trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairEURJPY
Publication Time7/5/19 4:14 PM
Direction Sell
Status Closed (121.60)
Jul. 5, 2019
Jul. 12, 2019
Forecast
-90 p
122.70
Stop Loss
121.80
Entry
+100 p
120.80
Target 1
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-sell-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on EURJPY. As a result, we recommend considering only Short trades at this time.
  2. The decrease in the sellers volume, together with the increase in the buyers volume, confirms the need to Sell according to our trading idea.
  3. We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
    index: 1x 0.049833059310913s
t_/pages/forecast: 1x 0.04564094543457s
t_/common/header-new: 1x 0.02979302406311s
t_/common/head: 1x 0.021343946456909s
t_/common/footer-new: 1x 0.0045349597930908s
router: 1x 0.0011720657348633s
router_page: 1x 0.0011560916900635s
t_/popups/on-download: 1x 0.00096607208251953s
t_/common/cookie-banner: 1x 0.00086498260498047s
t_/blocks/sidebar-afil: 1x 0.00043892860412598s
service-routes: 1x 0.00043582916259766s
router_redirection: 1x 0.00023102760314941s
t_/popups/zoom: 1x 5.1021575927734E-5s
----- END OF DUMP (2025-03-14 11:53:03)  -----