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EURUSD - Upward trend will continue, Long trade by market price recommended

Jacob Powell on FXSSI Jacob Powell Expert
main-buy-market-trend-1
Forecast Details
PairEURUSD
Publication Time5/1/26 6:14 AM
Direction Buy
Status Closed (1.1770)
6:14
6:14
May 1, 2026
Forecast
+50 p
1.1770
Target 1
1.1720
Entry
-40 p
1.1680
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  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. Price broke through the MVP line and rushed up. We consider this a sign for further EURUSD price increase.
  4. Set Take profit at the local price maximum.
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