Forex_Times

✍️ EURUSD: 09-13.08.2021 targets.

Short
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 1% decrease in market volume.
The unidirectional nature of the move over the coming week suggests a 1% decrease in locked-in investor positions.
The key medium-term resistance is the marketmaker's balance level (1.1844).
👉 In case of a successful test of the market maker's maximum profit level (1.1844) we expect a decline with the target,- market maker's loss (1.1724).
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Trade active:
📊 EURUSD: heading for a market maker loss. 🔥 The closest support level for today is the market maker balance level (1.1757).
The main scenario for today is the rebound from the limit seller level (1.1788) and the subsequent decline with the target,- the balance of the day (1.1757).
⏳ On breakdown of the balance of the day level (1.1757) we expect a further decline to the closing of the currency day with the target,- limit buyer (1.1727).
Trade active:
✍️ EURUSD: Market maker loss as downside priority. ✍️ EURUSD: Market maker loss as downside priority.
🌐 The nearest resistance level for today is the option balance of the day (1.1752).
The main scenario for today is a successful test of this resistance and a subsequent decline with a limit buy target (1.1720).
The close proximity of the market maker's loss level (1.1722) further strengthens it.
👉 In case of breakdown and fixation below the price level of 1.1720 the hedge support zone (1.1693) is the final downside target before day's close.
Trade active:
✍️ EURUSD: will there be a market maker loss retest? 🔥 The nearest support level for today is the market maker loss (1.1713).
If a buy pattern is formed near the 1.1713 price point, we expect a rise to the limit seller (1.1740).
♻️ In case of reaching the mentioned resistance level (1.1740), we expect subsequent decrease with the target,- limit buyer (1.1689).
Trade active:
✍️ EURUSD: Going to test the balance of the week? Over the past 24 hours has successfully worked out a test of the weekly market maker loss level (1.1713), which we saw in yesterday's trading idea as a potential support.
📌 In case of a successful test of limit seller level (1.1745) we expect a decline with intraday targets: market maker loss (1.1713) and limit buyer (1.1706).
On breakdown and fixing above limit seller (1.1745), the current resistance is the balance of the week (1.1813).
Trade active:
🌐 EURUSD: upside in priority before expiry. The nearest support for today is the buyer limit level (1.1725).
💡 In case of a successful test of the limit buyer level (1.1725) we expect further upside with a minimum target,- limit seller (1.1747).
In case of breakdown and fixation below 1.1725 price level we expect subsequent decline to market maker loss (1.1715).
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