EURUSD: medium-term buys of the pair. | 14 Mei 2019

14 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 1.12146-1.12219. At the moment, the pair is trading higher, indicating the weakness 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 1.11897-1.12034 and 1.12307. 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 13.05.2019. Quotation of the higher boundary of the zone 1/4-1.12225. Quotation of the higher boundary of the zone 1/2-1.11829. Intraday objectives: update the highs from 13.05.2019-1.12632. Medium-term objectives: test the lower bound of WCZ - 1.12947.EURUSD: medium-term buys of the pair. Trading recommendations: buys from the range of favorable prices 1.11829-1.12225 in the formation of a reversal pattern.

Buy: 1.11829-1.12225 Take Profit 1-1.12632, Take Profit 2-1.12947.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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