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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 Time8/6/25 6:17 AM
Direction Buy
Status Closed (1.1620)
6:17
6:17
Aug. 6, 2025
Forecast
+40 p
1.1620
Target 1
1.1580
Entry
-40 p
1.1540
Stop Loss
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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 EURUSD. As a result, we recommend considering only Long trades at this time.
  2. The SLC indicator displays the levels where there are Stop Losses acting as targets for 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.
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