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 Time9/14/23 10:19 AM
Direction Sell
Status Closed (1.0680)
10:19
10:19
Sep. 14, 2023
Forecast
-55 p
1.0785
Stop Loss
1.0730
Entry
+50 p
1.0680
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. According to the most brokers’ data, more than half of the traders are currently in long positions on EURUSD. As a result, we recommend considering only Short trades at this time.
  2. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  3. MVP line is above the price and acts as a resistance level.
  4. Set Take Profit at the local low, beyond which there is a cluster of orders.
    index: 1x 0.032281875610352s
t_/pages/forecast: 1x 0.029882907867432s
t_/common/header-new: 1x 0.019122838973999s
t_/common/head: 1x 0.016155958175659s
t_/common/footer-new: 1x 0.0026340484619141s
router_page: 1x 0.0011589527130127s
router: 1x 0.00066494941711426s
t_/popups/on-download: 1x 0.00057482719421387s
t_/common/cookie-banner: 1x 0.00039911270141602s
service-routes: 1x 0.00027918815612793s
t_/blocks/sidebar-afil: 1x 0.00016498565673828s
router_redirection: 1x 0.00011801719665527s
t_/popups/zoom: 1x 2.9087066650391E-5s
----- END OF DUMP (2024-12-21 18:11:12)  -----