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 13, 2019 6:03:01 AM by Patrick Yang
Forecast Details
Direction Buy
StatusClosed (1.1160)
May 13, 2019
May 20, 2019

+120 p
Target 1
-120 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. 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 0.036827802658081s
t_/pages/forecast: 1x 0.033041000366211s
t_/common/header-new: 1x 0.020503997802734s
t_/common/head: 1x 0.016335964202881s
t_/common/footer-new: 1x 0.0037579536437988s
router_page: 1x 0.0016579627990723s
router: 1x 0.00080513954162598s
t_/popups/on-download: 1x 0.00055384635925293s
service-routes: 1x 0.00031399726867676s
router_redirection: 1x 0.00013899803161621s
t_/popups/zoom: 1x 4.0054321289062E-5s
----- END OF DUMP (2022-11-26 20:02:11)  -----