♻️ EURUSD: medium-term analysis for 7 - 11 June.
According to the current CoT reports, the total market volume decreased by 1%, amounting to a cash figure of $241bn 66m.
The net outperformance of bullish positions continued to increase. Thus, over the past week, the bulls further increased their preponderance by another 1%, 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 (1.2048) and a subsequent rise with targets: hedge zone premium (1.2213) and market maker's loss (1.2298).
🔥 A $86m gain in sell positions further increases the probability of reaching the market maker's upper boundary level (1.2298).
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The net outperformance of bullish positions continued to increase. Thus, over the past week, the bulls further increased their preponderance by another 1%, 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 (1.2048) and a subsequent rise with targets: hedge zone premium (1.2213) and market maker's loss (1.2298).
🔥 A $86m gain in sell positions further increases the probability of reaching the market maker's upper boundary level (1.2298).
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Trade active:
📊 EURUSD: hedge zone premium level as potential resistance.
🔥 The nearest support level for today is the limit buyer (1.2139).
The main scenario for today is the successful test of the mentioned support and the subsequent rise with the target, the balance of the day (1.2181).
⏳ In case of penetration and fixation above the specified resistance the subsequent target point of increase is the premium level of hedge resistance zone (1.2214).
A $40m downside position gain further strengthens it.
The main scenario for today is the successful test of the mentioned support and the subsequent rise with the target, the balance of the day (1.2181).
⏳ In case of penetration and fixation above the specified resistance the subsequent target point of increase is the premium level of hedge resistance zone (1.2214).
A $40m downside position gain further strengthens it.
Trade active:
✍️ EURUSD: consolidated above the balance of the week.
🌐 The nearest support level for today is the balance of the week (1.2169).
The main scenario for today is a successful test of this support and the subsequent rise with the target, the balance of the day (1.2212).
In case of breakdown and fixation above the price level of 1.2212 the ultimate upside target is the limit seller (1.2243).
The main scenario for today is a successful test of this support and the subsequent rise with the target, the balance of the day (1.2212).
In case of breakdown and fixation above the price level of 1.2212 the ultimate upside target is the limit seller (1.2243).
Trade active:
✍️ EURUSD: Weekly balance successfully tested.
The nearest support level for Wednesday, June 9, is the balance of the week (1.2168), which was successfully tested yesterday.
🌐 In case of breakdown of the mentioned option support level, we expect a further decline with a limit buy target (1.2149).
⚠️ In case of break and consolidation above the mentioned support level, we expect the subsequent rise to the intraday target, which is the balance of the day level (1.2201).
🌐 In case of breakdown of the mentioned option support level, we expect a further decline with a limit buy target (1.2149).
⚠️ In case of break and consolidation above the mentioned support level, we expect the subsequent rise to the intraday target, which is the balance of the day level (1.2201).
Trade active:
✍️ EURUSD: going for a test of the limit buyer.
📌 Based on the trading results of Wednesday, June 9, we have consolidated below the balance of the week (1.2199).
In case of a successful test of the limit buyer (1.2155) we expect a rise with the target,- balance of the week (1.2199).
💡 In case of break and fixation above the weekly balance (1.2199), the next upside target is the limit seller (1.2211).
In case of a successful test of the limit buyer (1.2155) we expect a rise with the target,- balance of the week (1.2199).
💡 In case of break and fixation above the weekly balance (1.2199), the next upside target is the limit seller (1.2211).
Trade active:
❗️ EURUSD: Aiming for the balance of the week.
Based on Thursday, June 10 trading results, worked off the limit buyer test (1.2155) and started rising towards the balance of the week (1.2199).
🌐 The main scenario for today is a successful test of the market maker's largest net profit level (1.2199) and the subsequent decline with the target: the strike level of the hedge weekly resistance area (1.2170).
On consolidation above the balance of the week (1.2199) we expect a subsequent rise to the targets indicated in the weekly forecast.
🌐 The main scenario for today is a successful test of the market maker's largest net profit level (1.2199) and the subsequent decline with the target: the strike level of the hedge weekly resistance area (1.2170).
On consolidation above the balance of the week (1.2199) we expect a subsequent rise to the targets indicated in the weekly forecast.
