Forex_Times

✍️ EURUSD: 20-24.09.2021 targets.

Short
OANDA:EURUSD   Euro / U.S. Dollar
Over the past trading week, the net outperformance of the buyers has decreased by 11%.
🌐 The continuation of the daily decline further confirms the 1% decrease in locked positions.
According to the current CoT reports the market volume has decreased by 6%.
The nearest medium-term resistance is the strike level of the hedger resistance zone (1.1800).
👉 In case of a successful test of the mentioned resistance (1.1800) we expect a downgrade with the target: loss of the market maker (1.1690).
In case of breakdown and fixation below 1.1690 the hedge support zone (1.1621) is the next support for intra-trade week.
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Trade active:
📊 EURUSD: hedge zone as potential resistance. 🔥 The nearest resistance level for today is the limit seller (1.1766).
The main scenario for today is a successful test of the 1.1766-1.1797 price resistance area and the subsequent decline with the target,- limit buyer (1.1690).
⏳ The close proximity of the market maker loss level (1.1689) reinforces it.
Trade active:
🌐 EURUSD: limit seller close to market maker balance. The nearest resistance for today is the limit seller (1.1761).
♻️ The key medium-term resistance for today is the balance of the week (1.1782).
In case of a successful test of the mentioned resistance level we expect a further decline with the target, which is the limit buyer (1.1691).
Close positioning of market maker's loss (1.1672) further strengthens the limit buyer.
Trade active:
✍️ EURUSD: will the weekly balance be tested? 🔥 The nearest resistance level for today is the limit seller (1.1759).
If breakdown and fixation above the 1.1759 price level, we expect an increase to the weekly balance (1.1775).
♻️ In case of a successful test of the mentioned resistance level (1.1759), we expect further decline with the targets,- limit buyer (1.1698) and hedge support zone (1.1680).
Trade active:
🔥 Limit seller at 1.1730 acts as the nearest resistance for today.
The close location of the balance of the week (1.1716) further strengthens it.
In case of formation of sell pattern near the mentioned option mark we expect decline with nearest target,- hedge zone (1.1680).
In case of break-down and moving below the hedger zone (1.1680), the middle-term target is the market-maker's loss level (1.1636).
Trade active:
✅ EURUSD: Market maker happy, price near balance. Over the past 24 hours the asset has reached the highest net profit level (1.1750) according to the market maker's favourable scenario.
🌐 Based on the upcoming weekly options expiration, we expect the growth to stop and probably close on Friday near the market-maker's biggest profit level (1.1750).
⚠️ In case of formation of sell pattern near weekly marker balance (1.1750) we expect further decline with target,- hedge support zone (1.1680).
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