Forex_Times

✍️ EURUSD: 04-08.10.2021 targets.

Short
OANDA:EURUSD   Euro / U.S. Dollar
Over the past trading week, the net outperformance of the buyers has decreased by 28%.
🌐 The continuation of the daily decline further confirms the 1% increase in market volume.
The likely nature of the flattening on the daily timeframe over the coming week suggests a 1% increase in investors' locked positions.
The nearest medium-term resistance is the strike level of the weekly hedge support area (1.1631).
👉 In case of successful test of the mentioned option resistance (1.1631) we expect downside with targets: market maker loss (1.1571) and upside position gains of $144 million (1.1538).
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Trade active:
🔺 EURUSD: waiting for limit seller test. 🏁 The nearest resistance level for Monday is the limit seller (1.1643).
The main scenario is a successful test of this resistance and a subsequent decline to the market maker's lowest net profit level (1.1571).
In case of breakdown and fixation below the market maker's loss level (1.1571) the limit buyer (1.1553) is the final downside target before the trading day closes.
Trade active:
🔺 EURUSD: downside targets not yet reached. 🏁 The closest level of resistance for Monday is the strike level of the hedge zone (1.1635).
The main scenario is a successful test of this resistance and the subsequent decline to the level of the smallest net profit of the market maker (1.1573).
In case of breakdown and fixation below the market maker's loss level (1.1573), the final target of the decline before the close of the trading day is an important option level at the price level of 1.1538.
Trade active:
📢 EURUSD: Will there be a market maker loss breakout? Key resistance for today is the limit seller (1.1636).
🌐 If the resistance is successfully tested, we expect the growth will stop and then decline with the nearest target, the market-maker's loss (1.1574).
In case of breakdown and fixation below 1.1574 we expect continuation of decline to the limit buyer (1.1559).
Trade active:
📊 EURUSD: The market maker is already at a loss. 🔰 The nearest resistance for today is the current limit seller level (1.1588) on Thursday, October 7.
In case of a successful test of the mentioned resistance, we expect a further decline with the nearest target,- market maker loss level (1.1555).
👁🗨 In case of breakdown and fixation below the option level of 1.1555 we expect the subsequent decrease to the limit buy (1.1510).
Trade active:
🌐 EURUSD: Market maker loss level reversal in action. The nearest resistance for today is the limit seller level (1.1588).
In case a sell pattern forms near the 1.1588 price level, we expect a decline to the limit buyer (1.1519).
📌 In case of breakdown and fixation below the price level of 1.1519 the next downside target is the premium level of the hedge support zone (1.1510).
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