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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 Time9/23/26 9:41 AM
Direction Sell
Status Closed
9:41
9:41
Sep. 23, 2026
Forecast
-85 p
1.1500
Stop Loss
1.1415
Entry
+45 p
1.1370
Target 1
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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. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 1.137
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