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

November 14, 2022 3:56:36 PM by Jacob Powell
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.0400)
15:56
15:56
Nov. 14, 2022

+70 p
1.0400
Target 1
1.0330
Entry
-65 p
1.0265
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. Market sentiment provides mixed data, but the key brokers signals for Buy order.
  3. MVP line is below the price and acts as a support level.
  4. When the price decreases, a signal is formed (orange labels), which implies an upward movement.
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