EUR/USD: First Long-Term Goal Of Raising Is 1.1428
Dmitry Zeland | Feb 25, 2019 02:56AM ET
EUR/USD: Options and Futures Analysis for February 25, 2019. Total cash investments among the major participants in the CME Group (NASDAQ:CME) of derivatives trading for the euro fell by 1%. The total capitalization of investments in dollars amounted to $163 billion 97 million. The predominance of bears increased by 44%. In monetary terms, the sellers overweight sentiment amounted to $5 billion 165 million. The number of locked positions of investors increased by 2%. Cash deposits in EUR/USD among SMART MONEY are as follows: 48% of buyers and 52% of sellers.
The first long-term goal of raising on the daily time frame is the monthly level of the market maker's balance (1.1428). The next goal of raising is the options sellers level with total amount of $ 840 million (1.1572). The closest key support level for trading inside the option month is the premium level of the monthly area of resistance of hedgers (1.1254). The next long-term goal of the decline is the monthly level of market maker support (1.1142). The key level of support on the first working day of the current week is the level of limit buyers (1.1302).
In the case of the breakdown of the level of limit buyers, we can expect a decline to the option level of growth of $162 million to decrease (1.1269). The closest resistance on Monday, February 25, is the weekly option level (1.1383), where the addition of bear positions is located totaling $ 230 million. The next growth target within the working week is the zone of 8% of buyers (1.1417-1.1436). Significant historical addition of option positions for reduction within the zone of 8% additionally strengthens it.
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.