AUD/USD: The First Target Of The Increase Is 0.7307
Dmitry Zeland | Feb 20, 2019 02:18AM ET
The market owners' cash investments in derivatives on the Australian dollar by CME Group (NASDAQ:CME) exchanges amounted to $19 billion 464 million. The capitalization of investments decreased by 4%. The net advantage of bearish positions decreased by 6%. Total net sellers AUD/USD in monetary terms amounted to $7 billion 314 million. The decrease in the locked positions of investors was less than 1%. The total investment ratio of SMART MONEY in AUD/USD is as follows: 31% of buyers and 69% of sellers. The first goal of the increase on the daily timeframe is the premium level of the monthly hedger resistance zone (0.7307). The next important resistance is the long-term region of 40% of buyers (0.7403-0.7470).
The closest support level for trading within the current option month is the option level of growth of $35 million for growth on monthly contracts (0.6973). Subsequent support is the monthly support level of hedgers 0.6892. The closest key support level for today is the weekly market maker balance (0.7150). The next level of support for Wednesday, February 20, is the level of the highest paid commission for weekly put contracts (0.7131). The first growth target for the current working day is the premium of the weekly hedger resistance zone (0.7185).
The ultimate goal of growth for the current trading week is the level of the beginning of the market maker loss (0.7210).
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.