31 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 1.17913-1.18065. 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 1.18119-1.18205. 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 31.08.2020.
• Quotation of the higher boundary of the zone 1/4 - 1.18795. • Quotation of the higher boundary of the zone 1/2 - 1.18295.
• Intraday objectives: update the highs from 31.08.2020 - 1.19295.
• Medium-term objectives: test the lower bound of WCZ - 1.19550.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.18295-1.18795, Take Profit 1-1.19295, Take Profit 2-1.19550.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)