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 Time12/23/24 9:04 AM
Direction Sell
Status Closed (1.0395)
9:04
9:04
Dec. 23, 2024
Forecast
-90 p
1.0505
Stop Loss
1.0415
Entry
+75 p
1.0340
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. The MVP indicator shows the downtrend. We take this into account as one of the important factors in today's forecast.
    index: 1x 0.02820086479187s
t_/pages/forecast: 1x 0.025695085525513s
t_/common/header-new: 1x 0.017382144927979s
t_/common/head: 1x 0.014127016067505s
t_/common/footer-new: 1x 0.002249002456665s
router_page: 1x 0.0010120868682861s
router: 1x 0.00052595138549805s
t_/common/cookie-banner: 1x 0.00042891502380371s
t_/popups/on-download: 1x 0.00042414665222168s
service-routes: 1x 0.00018501281738281s
t_/blocks/sidebar-afil: 1x 0.00014615058898926s
router_redirection: 1x 9.608268737793E-5s
t_/popups/zoom: 1x 2.3126602172852E-5s
----- END OF DUMP (2025-09-05 04:04:09)  -----