Euro / U.S. Dollar
Updated

🔥 EURUSD: on March 15-19 we expect a dynamic growth of balance

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✅ The level of the highest net profit of the seller closest to expiration of the weekly option contracts decreased from 1.2000 to 1.1952.
📝 The overweight of buyers decreased by 14%. The total market size according to CoT reports increased by 1%. All this taken together indicates a likely continuation of the decline during the coming trading week.
During the first half of the new trading week, we expect the weekly resistance area of ​​hedgers to rise to the premium level (1.2012).
In case of a successful test of the indicated resistance, we expect a decline to the nearest option support at 1.1914.
The ultimate target of the decline until the end of the trading week is the level of the lowest profit of the market maker (1.1852).
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🌐 EURUSD: limit buyer as immediate support
🌐 EURUSD: limit buyer as immediate support

📌 Before the opening of the American session, we expect to reach the level of the limit buyer (1.1896).
💡 In case of a successful test of the latter, we expect an increase with the maximum target - limit seller (1.1993).
In case of breakdown and consolidation below, the ultimate target of decline is the weekly loss level of the market maker (1.1852).
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📌 EURUSD: fixed below the weekly balance
💡 EURUSD: fixed below the weekly balance

📌 The closest resistance for today is the weekly balance (1.1946).
📣 In case of a successful test of the specified resistance level, we expect a decline to the balance of the day (1.1927).
In case of breakdown and subsequent consolidation below the nearest support, the ultimate target of the decline until the close of the American session is the limit buyer (1.1882).
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✍️ EURUSD: option levels worked out by 100%
✍️ EURUSD: option levels worked out by 100%

⚠️ Over the past day, the main scenario of the development of events, which we talked about in yesterday's trading idea, has successfully worked out - a rebound from the weekly balance (1.1946) and a decline to the limit buyer (1.1882).
📝 Today we expect an increase to the current balance of the week (1.1927) and a subsequent decline with the final target - the limit buyer (1.1857).
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📝 EURUSD: Hidden Buying Set Complete
📝 EURUSD: Hidden Buying Set Complete

🌐 The closest support level for today is the limit buyer (1.1947).
💡 Mid-term support, in turn, is the weekly balance (1.1928).
If a buy pattern is formed in the designated support area of ​​1.1947-1.1928, we expect an upward impulse with a maximum target until the end of the currency day - limit seller (1.2008).

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