Forex_Times

✍️ EURUSD: Target for 14-18.06.2021.

Long
OANDA:EURUSD   Euro / U.S. Dollar
Over the past trading week, the net outperformance of the buyers has decreased by 2%.
🌐 The corrective nature of the daily decline further confirms the 2% decrease in market volume.
The unidirectional nature of the move over the coming week suggests a 1% decrease in investors' locked positions.
The key medium-term support is the market maker's loss level (1.2040).
👉 In case of a successful test of the market maker's minimum profit level (1.2040) we expect a rise with the target,- balance of the week (1.2150).
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Trade active:
📊 EURUSD: trading in hedger support area. 🔥 The nearest support level for today is the premium level of the weekly hedge support area (1.2076).
The main scenario for today is the breakdown of the mentioned support and the subsequent decrease with the target, the limit buyer (1.2060).
⏳ In case of a successful test of the limit buyer level, we expect an increase to the currency close with the target,- limit seller (1.2129).
Trade active:
🌐 EURUSD: The balance of the week is dynamically down. ♻️ 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 further upside with a limit seller target,- 1.2156.
🔺 In case of alternative scenario,- fixing below 1.2117, the hedge support zone premium level (1.2091) will be the next downside target today.
Trade active:
📢 EURUSD: Will there be a breakdown of the balance of the week? The key support for today is the lower boundary of the balance zone of the day (1.2124).
🌐 In case of a successful break-down of the support we are expecting the suspension of decline and the subsequent growth with the nearest target, the upper border of the balance zone of the day (1.2138).
In case of breakdown and fixation above 1.2138 we expect continuation of growth to the limit seller (1.2158).
Trade active:
✍️ EURUSD: Will there be a return to the market maker's comfort zone? 📌 Based on Wednesday, June 16 trading results, we have consolidated below the market maker loss level (1.2020).
In case of a successful test of the limit buyer level, we expect a rise with targets: market maker loss (1.2020) and limit seller (1.2033).
💡 On breakdown and consolidation below limit buyer level (1.1979), next downside target is upside gain of $53m (1.1943).
Trade active:
✍️ EURUSD: Will the market maker close the week with a loss? 📌 The nearest support for today is the limit buyer (1.1884).
In case of a successful test of the said support level, we expect a rise with the balance of the day target (1.1922).
💡 On break and fixation above the balance of the week level (1.1922) the next upside target is the market maker loss (1.2031).
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