14 September 2020, USD/JPY
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 106.129-106.205. At the moment, the pair is trading lower, indicating the weakness of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 105.754-105.846. 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 13.08.2020.
• Quotation of the higher boundary of the zone 1/4-106.158.
• Quotation of the higher boundary of the zone 1/2–105.354.
• Intraday objectives: update the highs from 13.08.2020-106.973.
• Medium-term objectives: test the lower bound of WCZ –107.386.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 105.354-106.158, Take Profit 1-106.973, Take Profit 2-107.386.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)