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 Time7/19/19 1:17 PM
Direction Sell
Status Closed (120.95)
Jul. 19, 2019
Jul. 26, 2019
Forecast
-90 p
121.85
Stop Loss
120.95
Entry
+95 p
120.00
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 activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
    index: 1x 0.034986972808838s
t_/pages/forecast: 1x 0.032428979873657s
t_/common/header-new: 1x 0.019727945327759s
t_/common/head: 1x 0.015501022338867s
t_/common/footer-new: 1x 0.003486156463623s
router_page: 1x 0.0018310546875s
t_/popups/on-download: 1x 0.00072979927062988s
t_/common/cookie-banner: 1x 0.00054597854614258s
router: 1x 0.00052881240844727s
service-routes: 1x 0.00020909309387207s
t_/blocks/sidebar-afil: 1x 0.00016021728515625s
router_redirection: 1x 0.00012302398681641s
t_/popups/zoom: 1x 4.9114227294922E-5s
----- END OF DUMP (2026-04-08 07:27:04)  -----