Forex_Times

✍️ EURUSD: trading ideas for October 11-15.

Short
OANDA:EURUSD   Euro / U.S. Dollar
The key resistance for the new trading week is the market-maker's balance (1.1655).
A 72% decrease in the outperformance of the buyers on the new CoT reports further strengthens the likelihood of a further medium-term decline.
🌐 The main scenario for the first half of the new week is a decline to the market maker's loss level (1.1555).
⚠️ In case of consolidation below the level of loss of the market maker (1.1555), we expect the following decline with the target 1.1509, where is the level of significant growth of positions on rise.
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Trade active:
πŸ“Š EURUSD: trading near market maker balance. πŸ”₯ The nearest resistance level for today is the weekly hedge area premium level (1.1594).
The main scenario for today is the rebound from the mentioned option mark and the subsequent decline with the target,-weekly balance (1.1576).
⏳ In case of break-down and fixation below the level of the balance of the week, we expect decline to the currency close with the benchmark,- loss of the market maker (1.1526).
Trade active:
🏁 EURUSD: Closed below the balance of the week. 🌐 The nearest resistance for today is the options balance of the day (1.1576).
In case of a successful test of the balance of the day level (1.1576) we expect a further decline with the nearest benchmark,- market maker loss (1.1537).
⭐️ In case of breakdown and fixation below market maker's loss (1.1537) we expect decrease to the limit buyer (1.1529).
Trade active:
✍️ EURUSD: will the limit seller be tested? πŸ”₯ The nearest resistance level for today is the limit seller (1.1556).
♻️ In case of a successful test of the mentioned resistance level, we expect the subsequent decline with the target, which is the minimum profitability level of the market maker (1.1537).
In case of breakdown and fixation below the price level of 1.1537, we expect decrease to the premium level of hedge support zone (1.1523).
Trade active:
✍️ EURUSD: Will hedgers suspend gains? πŸ“Œ The nearest resistance for today is the option level at 1.1627.
In case the option level at 1.1627 price level is successful, we expect a decline with target: market maker balance (1.1586).
πŸ’‘ In case of breakdown and fixation below the market maker balance level (1.1586) the hedge support area (1.1557) is the subsequent downside target.
Trade active:
✍️ EURUSD: trading near market maker balance. πŸ“Œ The nearest resistance for today is the hedge area (1.1639).
In case of a successful test of the said resistance area, expect with the target being the balance of the week (1.1587).
πŸ’‘ The close location of the limit buyer level (1.1581) further strengthens it.
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