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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 Time10/21/25 10:59 AM
Direction Sell
Status Closed (1.1580)
10:59
10:59
Oct. 21, 2025
Forecast
-55 p
1.1675
Stop Loss
1.1620
Entry
+55 p
1.1565
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. Price broke through the MVP line and rushed down. We consider this a sign for further EURUSD price decrease.
  4. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 1.1565
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