10 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 1.12893-1.13081. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.18422-1.18521. At the moment, the pair is trading lower, indicating the strength of sellers.
• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 07.08.2020.
• Quotation of the lower boundary of the zone 1/4-1.18008.
• Quotation of the lower boundary of the zone 1/2-1.18463.
• Intraday objectives: update the lows from 07.08.2020-1.17553.
• Medium-term objectives: test the higher bound of WCZ - 1.17353.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.18008-1.18463, Take Profit 1-1.17553, Take Profit 2-1.17353.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)