Forex_Times

♻️ EURUSD: mid-term analysis for September 13 - 17.

Long
OANDA:EURUSD   Euro / U.S. Dollar
According to the current CoT reports the total market volume decreased by 2%, amounting to a monetary figure of $217 billion 525 million.
The net outperformance of bullish positions continued to increase. Thus, over the past week, the bulls further increased their preponderance by another 40%, indicating a likely continuation of the upside.
💠 Partial decrease in locked positions of investors suggests a likely unidirectional movement of the asset quotations during the new trading week.
The main scenario is a successful test of the market maker's loss (1.1780) and a subsequent rise with targets: market maker's balance (1.1850) and market maker's lowest net profit level (1.1930).
🔥 A $61m increase in sell-side positions further increases the probability of reaching the market maker's upper boundary level (1.1930).
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Trade active:
📊 EURUSD: still a long way to the market maker's loss. 🔥 The nearest support level for today is the limit buyer level (1.1795).
The main scenario for today is the breakdown of this support and the subsequent decrease to the market maker's loss (1.1780).
⏳ In case of successful test of the mentioned support we expect the rise to the currency market closing with the target of the day balance (1.1828).
Trade active:
🌐 EURUSD: heading for a test of the balance of the week. ♻️ The key support for today is the price range of the hedge area and the limit buyer level (1.1790-1.1773).
In case of a successful test of the mentioned support area we expect a further rise with the target,- the balance of the day (1.1826).
🔺 In case of consolidation above 1.1826, the next upside target for today will be the limit seller level (1.1830).
Trade active:
✍️ EURUSD: will the market maker's loss be tested? 🔥 The nearest support level for today is the limit buyer (1.1781).
On breakdown and fixation below 1.1781 price level, we expect a decline to the market maker loss (1.1769).
♻️ In case of a successful test of the mentioned option support range, we expect a further rise with targets,- limit seller (1.1824) and market maker balance (1.1830).
Trade active:
♻️ EURUSD: on the eve of the expiry, trading in the hedge zone. 🔥 Market maker's loss at 1.1769 is the nearest support for today.
In case of formation of buying pattern near the mentioned option mark we expect a rise with the nearest target,- strike level of weekly hedgers support area (1.1830).
In case of break-down and fixation above the strike level of weekly hedger support area (1.1830) the mid-term upside target will be the limit seller level (1.1838).
Trade active:
✅ EURUSD: Market maker unhappy, price on the verge of a loss! The nearest support for today is the options balance of the day (1.1755).
🌐 Based on the upcoming weekly options expiration we expect Friday's close above the market maker's smallest profit level (1.1770).
⚠️ The key scenario for today is buying from the limit buyer (1.1740) with the target,- balance of the week (1.1831).
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