🌐 EURUSD: analytical overview for 10-14 May.
New CoT reports show a 2% increase in the buyers' preponderance.
☑️ Total market volume increased by 1% over the last trading week, amounting to a total cash investment of $217bn 363m.
Locked positions decreased by 1%, indicating unidirectional movement.
In the coming trading week, we expect a test of the market maker's loss level (1.2140).
✍️ In case of successful test of the mentioned support we expect further rise with the target of $98 mn downside positions (1.2182).
In case of breakdown and consolidation above the mentioned resistance level, we expect further rise with the target, i.e. growth of positions on decline in the volume of $61 million (1.2214).
🤔 Like the idea? 👍 like it ✍️ write a comment
☑️ Total market volume increased by 1% over the last trading week, amounting to a total cash investment of $217bn 363m.
Locked positions decreased by 1%, indicating unidirectional movement.
In the coming trading week, we expect a test of the market maker's loss level (1.2140).
✍️ In case of successful test of the mentioned support we expect further rise with the target of $98 mn downside positions (1.2182).
In case of breakdown and consolidation above the mentioned resistance level, we expect further rise with the target, i.e. growth of positions on decline in the volume of $61 million (1.2214).
🤔 Like the idea? 👍 like it ✍️ write a comment
Trade active:
📊 EURUSD: Market maker loss level as potential resistance.
🔥 The nearest support level for today is the limit buyer (1.2120).
The main scenario for today is a successful test of the mentioned support and the subsequent rise with the target, the balance of the day (1.2159).
⏳ In case of penetration and fixation above the specified resistance the subsequent target of increase is the loss of the market maker (1.2189).
A $67m downside position gain further strengthens it.
The main scenario for today is a successful test of the mentioned support and the subsequent rise with the target, the balance of the day (1.2159).
⏳ In case of penetration and fixation above the specified resistance the subsequent target of increase is the loss of the market maker (1.2189).
A $67m downside position gain further strengthens it.
Trade active:
🌐 EURUSD: Limit seller close to a market maker loss.
♻️ The key support for today is the balance of the day (1.2117).
In case of a successful test of this support level, we expect a further rise with the limit seller (1.2186) as a target.
Close market maker loss location (1.2191) further strengthens the limit seller.
🔺 In the alternative scenario,- fixing below 1.2117, the subsequent downside target for today will be the weekly balance (1.2092).
In case of a successful test of this support level, we expect a further rise with the limit seller (1.2186) as a target.
Close market maker loss location (1.2191) further strengthens the limit seller.
🔺 In the alternative scenario,- fixing below 1.2117, the subsequent downside target for today will be the weekly balance (1.2092).
Trade active:
✍️ EURUSD: Will the weekly balance be tested?
🔥 The nearest support level for today is the limit buyer (1.2114).
In case of breakdown and fixation below 1.2114, we expect a decline to the weekly balance (1.2092).
♻️ In case of a successful test of this support level, we expect a subsequent rise with the target being the balance of the day (1.2147).
A $60m rise in positions further strengthens the balance of the week level.
In case of breakdown and fixation below 1.2114, we expect a decline to the weekly balance (1.2092).
♻️ In case of a successful test of this support level, we expect a subsequent rise with the target being the balance of the day (1.2147).
A $60m rise in positions further strengthens the balance of the week level.
Trade active:
✍️ EURUSD: what does the consolidation below the balance of the week tell us?
📌 Trading on Wednesday, May 12, we have consolidated below the balance of the week (1.2094).
In case of a successful test of the said resistance level, we expect a decline with targets of the balance of the day (1.2072) and market maker loss (1.1994).
💡 A breakdown and fixation above the balance of the week level (1.2094) the limit seller (1.2147) is the subsequent upside target.
In case of a successful test of the said resistance level, we expect a decline with targets of the balance of the day (1.2072) and market maker loss (1.1994).
💡 A breakdown and fixation above the balance of the week level (1.2094) the limit seller (1.2147) is the subsequent upside target.
Trade active:
❗️ EURUSD: consolidated below the balance of the week.
In trading on Thursday, May 13, the pair consolidated below the balance of the week (1.2094).
✍️ A $84 million gain on the downside further increases the likelihood of a rebound from the marketmaker's maximum profit level (1.2094).
🌐 The main scenario for today is a successful test of the market maker's maximum net profit level (1.2094) and subsequent decline with targets: balance of the day (1.2073) and limit buyer (1.2052).
✍️ A $84 million gain on the downside further increases the likelihood of a rebound from the marketmaker's maximum profit level (1.2094).
🌐 The main scenario for today is a successful test of the market maker's maximum net profit level (1.2094) and subsequent decline with targets: balance of the day (1.2073) and limit buyer (1.2052).
