EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-market-trend-1
Forecast Details
PairEURUSD
Publication Time5/13/19 6:03 AM
Direction Buy
Status Closed (1.1160)
May 13, 2019
May 20, 2019
Forecast
+120 p
1.1350
Target 1
1.1230
Entry
-120 p
1.1110
Stop Loss
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-buy-market-trend-1
  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. Analyzing the positions ratio, we see that most traders are currently in Shorts, which also combines with the original idea.
  3. We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.
    index: 1x 0.066318035125732s
t_/pages/forecast: 1x 0.060585021972656s
t_/common/header-new: 1x 0.043133020401001s
t_/common/head: 1x 0.031920909881592s
t_/common/footer-new: 1x 0.004061222076416s
router_page: 1x 0.0018281936645508s
router: 1x 0.0011789798736572s
t_/common/cookie-banner: 1x 0.0010449886322021s
t_/popups/on-download: 1x 0.00087094306945801s
t_/blocks/sidebar-afil: 1x 0.00055098533630371s
service-routes: 1x 0.00044012069702148s
router_redirection: 1x 0.00025200843811035s
t_/popups/zoom: 1x 2.0980834960938E-5s
----- END OF DUMP (2025-02-05 03:59:02)  -----