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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 Time4/30/25 8:11 AM
Direction Buy
Status Closed (1.1330)
8:11
8:11
Apr. 30, 2025
Forecast
+50 p
1.1430
Target 1
1.1380
Entry
-50 p
1.1330
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. According to the Current Ratio indicator, the market crowd inclined to believe in a downward movement. We recommend Long trade for today.
  2. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  3. MVP line is below the price and acts as a support level.
  4. Set Take Profit at the local high, beyond which there is a cluster of orders.
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