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 Time5/27/19 11:36 AM
Direction Buy
Status Closed (1.1195)
May 27, 2019
Jun. 3, 2019
Forecast
+105 p
1.1300
Target 1
1.1195
Entry
-95 p
1.1100
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. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  3. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  4. 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 0.046126842498779s
t_/pages/forecast: 1x 0.04311990737915s
t_/common/header-new: 1x 0.028122901916504s
t_/common/head: 1x 0.021612882614136s
t_/common/footer-new: 1x 0.004439115524292s
router_page: 1x 0.0011501312255859s
router: 1x 0.0009160041809082s
t_/popups/on-download: 1x 0.0008699893951416s
t_/common/cookie-banner: 1x 0.00063705444335938s
t_/blocks/sidebar-afil: 1x 0.00037407875061035s
service-routes: 1x 0.00032806396484375s
router_redirection: 1x 0.00012612342834473s
t_/popups/zoom: 1x 2.0027160644531E-5s
----- END OF DUMP (2025-05-09 04:26:05)  -----