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

Jacob Powell on FXSSI Jacob Powell Expert
main-buy-market-trend-1
Forecast Details
PairEURUSD
Publication Time12/29/25 8:59 AM
Direction Buy
Status Closed (1.1750)
8:59
8:59
Dec. 29, 2025
Forecast
+30 p
1.1815
Target 1
1.1785
Entry
-35 p
1.1750
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
  3. MVP line is below the price and acts as a support level.
  4. Set Take profit at the local price maximum.
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