✍️ EURUSD: Targets for 17-21.05.2021.
Over the past trading week, the net outperformance of the buyers has increased by 20%.
🌐 Continued upside on the daily chart further confirms a 3% increase in market volume.
The unidirectional nature of the move over the coming week suggests a 1% decrease in investors' locked positions.
The nearest medium-term support is the weekly balance (1.2091).
👉 In case of a successful test of the weekly balance (1.2091), we expect upside with targets: hedge zone premium (1.2214) and market maker loss (1.2250).
In case of breakdown and consolidation below 1.2091, subsequent support for trading within the trading week is an upside gain (1.2040).
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🌐 Continued upside on the daily chart further confirms a 3% increase in market volume.
The unidirectional nature of the move over the coming week suggests a 1% decrease in investors' locked positions.
The nearest medium-term support is the weekly balance (1.2091).
👉 In case of a successful test of the weekly balance (1.2091), we expect upside with targets: hedge zone premium (1.2214) and market maker loss (1.2250).
In case of breakdown and consolidation below 1.2091, subsequent support for trading within the trading week is an upside gain (1.2040).
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Trade active:
👉 EURUSD: picking intraday entry points.
✍️ The nearest support for Monday is the limit buyer (1.2110).
Subsequent medium-term support is the balance of the week (1.2090).
📌 In case of a buy pattern forming in the price range of 1.2110-1.2090 we expect a rise with a target before the close of the day,- limit seller (1.2178).
Subsequent medium-term support is the balance of the week (1.2090).
📌 In case of a buy pattern forming in the price range of 1.2110-1.2090 we expect a rise with a target before the close of the day,- limit seller (1.2178).
Trade active:
✍️ EURUSD: Rising trend continues.
The nearest support level for Tuesday, May 18, is the limit buyer (1.2123).
🌐 In case of a successful test of the mentioned option support level, we expect a further rise with a target before the close of the day,- limit seller (1.2180).
Addition of downside positions of $144m further strengthens it.
⚠️ In case of breakdown and fixing above the mentioned resistance, we expect the subsequent growth to the medium-term target - the level of marketmaker's loss (1.2255).
In case of breakdown and consolidation below the Buy Limit (1.2123), the next support will be the balance of the week (1.2094).
🌐 In case of a successful test of the mentioned option support level, we expect a further rise with a target before the close of the day,- limit seller (1.2180).
Addition of downside positions of $144m further strengthens it.
⚠️ In case of breakdown and fixing above the mentioned resistance, we expect the subsequent growth to the medium-term target - the level of marketmaker's loss (1.2255).
In case of breakdown and consolidation below the Buy Limit (1.2123), the next support will be the balance of the week (1.2094).
Trade active:
🔥 EURUSD: At the equator of the week reach market maker loss level.
♻️ The nearest resistance for today is the sellers limit level (1.2248).
The close proximity of the market maker's loss level (1.2254) further strengthens it.
In case of false breakdown of market maker's loss level, we expect hedge resistance zone premium level testing (1.2265).
🎯 If a sell pattern is formed in the price range of 1.2247-1.2265 we expect a corrective decline intraday with the target,- balance of the day (1.2192).
The close proximity of the market maker's loss level (1.2254) further strengthens it.
In case of false breakdown of market maker's loss level, we expect hedge resistance zone premium level testing (1.2265).
🎯 If a sell pattern is formed in the price range of 1.2247-1.2265 we expect a corrective decline intraday with the target,- balance of the day (1.2192).
Trade active:
📊 EURUSD: going down before expiry.
Over the past 24 hours, the seller limit level (1.2248) mentioned in yesterday's review was slightly underperformed.
The nearest resistance for today is the limit seller level of Thursday, May 20 (1.2190).
In case of a successful test of this resistance, we expect a further decline with the nearest target,- limit buyer (1.2143).
👁🗨 In case of breakdown and fixation below the option level at 1.2143 we expect the subsequent decline to the balance of the week (1.2114).
The nearest resistance for today is the limit seller level of Thursday, May 20 (1.2190).
In case of a successful test of this resistance, we expect a further decline with the nearest target,- limit buyer (1.2143).
👁🗨 In case of breakdown and fixation below the option level at 1.2143 we expect the subsequent decline to the balance of the week (1.2114).
Trade active:
🌐 EURUSD: Going to test the market maker's loss before expiry.
The nearest resistance for today is the strike level of the weekly hedge resistance area (1.2244).
💡 The next resistance on the last trading day of the current week is the level of market maker loss (1.2265).
In case a sell pattern forms in the price range of 1.2244-1.2265 we expect a corrective decline to the balance of the day (1.2220).
📌 In case of breakdown and fixation below the price level of 1.2220 the far target of the downside is the balance of the week (1.2145).
💡 The next resistance on the last trading day of the current week is the level of market maker loss (1.2265).
In case a sell pattern forms in the price range of 1.2244-1.2265 we expect a corrective decline to the balance of the day (1.2220).
📌 In case of breakdown and fixation below the price level of 1.2220 the far target of the downside is the balance of the week (1.2145).
