EN

EURUSD - Downward trend will continue, Short trade by market price recommended

Jacob Powell on FXSSI Jacob Powell Expert
main-sell-market-trend-1
Forecast Details
PairEURUSD
Publication Time11/13/24 8:00 AM
Direction Sell
Status Closed (1.0640)
8:00
8:00
Nov. 13, 2024
Forecast
-35 p
1.0640
Stop Loss
1.0605
Entry
+35 p
1.0570
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. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The MVP indicator shows the downtrend. We take this into account as one of the important factors in today's forecast.
  3. The SLC indicator displays a cluster of Stop Losses and Stop orders straight at the previous low level, which according to our forecast, is good for placing Take Profit.
    index: 1x 0.056051969528198s
t_/pages/forecast: 1x 0.052001953125s
t_/common/header-new: 1x 0.03483510017395s
t_/common/head: 1x 0.027610063552856s
t_/common/footer-new: 1x 0.0051159858703613s
router_page: 1x 0.0018219947814941s
router: 1x 0.0012149810791016s
t_/popups/on-download: 1x 0.00097107887268066s
t_/common/cookie-banner: 1x 0.00080704689025879s
service-routes: 1x 0.00050091743469238s
t_/blocks/sidebar-afil: 1x 0.00039005279541016s
router_redirection: 1x 0.00026798248291016s
t_/popups/zoom: 1x 4.7206878662109E-5s
----- END OF DUMP (2025-05-18 00:56:05)  -----