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

May 9, 2019 12:26:57 PM by Jacob Powell
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.1235)
12:24
12:24
May 9, 2019

+44 p
1.1235
Target 1
1.1190
Entry
-49 p
1.1140
Stop Loss
Chart & Analyst Comments
EURUSD - Upward trend will continue, Long trade by market price recommended
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. Data on the correlation of traders' positions are mixed, but key brokers signals for buy orders.
  3. A buy signal according to Profit Ratio may indicate that the price is out of range. A signal from the Profit Ratio during a trend is natural and should not be considered as a reversal signal.
  4. We are focused on the breakdown of the previous resistance, the target at the level of 1.1235.