Forex_Times

♻️ EURUSD: mid-term analysis for 12 - 16 July.

Short
OANDA:EURUSD   Euro / U.S. Dollar
According to the current CoT reports the total market volume increased by 1%, amounting to a cash figure of $228bn 202m.
The net outperformance of bullish positions continued to decrease. Thus, over the past week, the bulls further reduced their preponderance by a further 11%, indicating a likely continuation of the decline.
💠 Partial increase 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 balance (1.1881) and subsequent decline with targets: market maker's loss (1.1821) and upside position gains (1.1765).
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Trade active:
📊 EURUSD: limit seller as potential resistance. 🔥 The nearest support level for today is hedge support zone premium level (1.1848).
The main scenario for today is a successful test of the limit seller (1.1912) and subsequent decline with the target,- hedger support zone (1.1848).
⏳ On break and fixation below the above support, the subsequent downside target is the market maker's loss (1.1821).
Trade active:
✍️ EURUSD: choosing intraday targets. 🌐 The nearest support level for today is the premium level of the hedge support zone (1.1839).
The main scenario for today is a successful test of the limit seller (1.1881) and the subsequent decline with the target,- hedger support zone (1.1839).
👉 On breakdown and fixation below the price level of 1.1839 the ultimate downside target before the close of the day is the limit buyer (1.1824).
Trade active:
✍️ EURUSD: will the balance of the day be tested? 🔥 The nearest support level for today is the limit buyer (1.1761).
In case of a successful test of the balance of the day (1.1809), we expect a decrease to the limit buyer (1.1761).
♻️ In case of breakdown of the mentioned support level we expect the subsequent decrease with the hedge zone (1.1728) as a target.
Trade active:
✍️ EURUSD: Market maker in profit again? 📌 Based on Wednesday, July 14 trading results, we have consolidated above the market maker loss level (1.1826).
In case of a successful test of limit buyer (1.1815), we expect a rise with the target,- limit seller (1.1852).
💡 In case of breakdown and fixation above the limit seller level (1.1852) the next upside target is the balance of the week (1.1887).
Trade active:
❗️ EURUSD: trading in the market maker's loss zone. The results of trading on Thursday, July 15, have consolidated below the market maker's loss level (1.1817).
✍️ The nearest support level for today is the limit buyer (1.1792).
🌐 The main scenario for today is a successful test of the limit buyer level (1.1792) and subsequent upside with targets: limit seller (1.1817) and balance of the week (1.1887).
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