Forex_Times

πŸ“ EURUSD: will the decline end on March 1-5?

OANDA:EURUSD   Euro / U.S. Dollar
πŸ’‘ According to CoT reports, the preponderance of bullish positions increased by 2%.
The total market volume increased by 2%. The total capitalization of euro-denominated financial derivatives amounted to $ 225 billion 772 million.
❗️ The closest support level within the week is the level of the hedger zone's premium (1.2049).
In case of a breakdown of this support level, we expect a decline to the price mark 1.1997.
πŸ“‰ The decline is corrective and during the second half of the new trading week we expect the asset quotes to continue to rise. The closest target for growth is the weekly balance (1.2112).
πŸ€” Do you like the idea? πŸ‘ like it ✍️ write a comment
Trade active:
πŸ“Œ EURUSD: we are near the key support πŸ“ The main scenario for Monday is a decline to the price range 1.2067 - 1.2050, where the limit buyer and the premium level of the hedgers zone are located.
In case of a successful test of the designated support area, we expect a subsequent rise with the nearest target - the option balance of the week (1.2112).
🌐 In case of consolidation above the weekly balance, the next target of growth is the daily balance (1.2180).
Trade active:
☝🏻 EURUSD: hedgers secretly gain purchases πŸ“Œ The nearest support for today is the weekly option level at the price point 1.1997.
🎯 The main scenario of the development of events is a pullback from the indicated support and a subsequent rise to the limit buyer (1.2047).
In case of breakdown and consolidation below 1.1997, we expect a subsequent decline to the level of the market maker's loss (1.1953).
Trade active:
πŸ“ EURUSD: hedgers are pushing the euro up
πŸ’Έ Option balance of the day (1.2099), which we talked about in yesterday's trading idea, has worked successfully.
🌐 In connection with the rise of the hedger zone to the level of 1.2048, we expect an increase during the American session on Thursday.
The main scenario for today is a rebound from the limit buyer (1.2025) and a subsequent rise to the balance of the day (1.2082).
Trade active:
🌐 EURUSD: will the market maker win back? πŸ“Œ Last day closed in the option seller's loss zone (below 1.1978).
🎯 The main scenario for the development of events today is a decline to the limit buyer (1.1923) and a subsequent increase to the premium level (1.1961).
During the American session, we expect to reach the loss level (1.1978) and consolidate in the market maker's comfort zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.