06 Agustus 2020, EUR/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12893-1.13080. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.17669-1.17746. At the moment, the pair is trading higher, indicating the strength of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 05.08.2020.
• Quotation of the higher boundary of the zone 1/4 - 1.18604. • Quotation of the higher boundary of the zone 1/2 - 1.18149.
• Intraday objectives: update the highs from 05.08.2020 - 1.19059.
• Medium-term objectives: test the lower bound of WCZ - 1.19704.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.18149 - 1.18604, Take Profit 1 - 1.19059, Take Profit 2 - 1.19704.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)