EN

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 Time6/7/24 9:13 AM
Direction Buy
Status Closed (1.0865)
9:13
9:13
Jun. 7, 2024
Forecast
+25 p
1.0915
Target 1
1.0890
Entry
-25 p
1.0865
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 EURUSD. As a result, we recommend considering only Long trades at this time.
  2. MVP line is below the price and acts as a support level.
  3. We are setting Stop Loss for our Buy trade at the level with the lowest amount of stop losses of other market participants.
  4. The risk-to-profit ratio allows us to set Take Profit for a Long trade at 1.0915
    index: 1x 0.041167974472046s
t_/pages/forecast: 1x 0.038100957870483s
t_/common/header-new: 1x 0.024389982223511s
t_/common/head: 1x 0.018787860870361s
t_/common/footer-new: 1x 0.0037040710449219s
router_page: 1x 0.0013370513916016s
router: 1x 0.00089812278747559s
t_/popups/on-download: 1x 0.00067591667175293s
t_/common/cookie-banner: 1x 0.00055813789367676s
service-routes: 1x 0.00031280517578125s
t_/blocks/sidebar-afil: 1x 0.00028896331787109s
router_redirection: 1x 0.00017523765563965s
t_/popups/zoom: 1x 5.9127807617188E-5s
----- END OF DUMP (2025-06-17 01:04:06)  -----