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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 Time2/14/25 8:05 AM
Direction Buy
Status Closed (1.0480)
8:05
8:05
Feb. 14, 2025
Forecast
+70 p
1.0535
Target 1
1.0465
Entry
-75 p
1.0390
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. We are seeing an increase in Sell positions by market crowd, who are replenishing an already large number of "locked up" losing Sell positions.
  3. MVP line is below the price and acts as a support level.
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