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

02 Mei 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12493-1.12602. At the moment, the pair is trading lower, indicating the strength of sellers.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 of 1.12149-1.12213. At the moment, the pair is trading lower, indicating the weakness 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 01.05.2019. Quotation of the higher boundary of the zone 1/4-1.12239. Quotation of the higher boundary of the zone 1/2-1.11840. Intraday objectives: update the highs from 01.05.2019-1.12643. Medium-term objectives: test the lower bound of GWCZ - 1.13498.EURUSD: medium-term buys of the pair. Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable prices 1.11840-1.12239 in the formation of a reversal pattern.

Buy: 1.11840-1.12239, Take Profit 1-1.12643, Take Profit 2-1.13498.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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