Black Friday Deal Black Friday Offer: Get a Lifetime Plan With 70% Discount! See Pricing Only till NOV, 28

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

May 28, 2020 5:28:47 AM by Jacob Powell
Forecast Details
Direction Buy
StatusClosed (1.1060)
May 28, 2020

+50 p
Target 1
-45 p
Stop Loss
Chart & Analyst Comments
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on EURUSD. As a result, we recommend considering only Long trades at this time.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
  4. MVP line is below the price and acts as a support level.
  5. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
    index: 1x 0.034208059310913s
t_/pages/forecast: 1x 0.030998945236206s
t_/common/header-new: 1x 0.019911050796509s
t_/common/head: 1x 0.016048908233643s
t_/common/footer-new: 1x 0.002532958984375s
router_page: 1x 0.0015480518341064s
router: 1x 0.00071811676025391s
t_/popups/on-download: 1x 0.00047802925109863s
service-routes: 1x 0.00031900405883789s
router_redirection: 1x 0.00012898445129395s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2022-11-26 19:51:11)  -----