EURUSD: medium-term buys of the pair. | 02 Januari 2019

02 Januari 2019, EUR/USD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.14210-1.14349. At the moment, the pair is trading higher, indicating the strength of buyers.EURUSD: medium-term buys of the pair. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.14401-1.14498. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 28.12.2018. Quotation of the higher boundary of the zone 1/4 - 1.14264, quotation of the higher boundary of the zone 1/2 - 1.13802. Intraday objectives: update the highs from 28.12.2018 – 1.14715, medium-term objectives: test the lower bound of WCZ - 1.15257.EURUSD: medium-term buys of the pair. Trading recommendations: Buys from a range of favorable prices 1.13802-1.14715 in the formation of a reversal pattern.

Buy: 1.13802-1.14715, Take Profit 1-1.14715, Take Profit 2-1.15257.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

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James Hoggarth
Analyst of FreshForex
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