07 Oktober 2020, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.17110-1.17200. At the moment, the pair is trading higher, indicating the weakness of sellers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.17160-1.17260. 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 06.10.2020.
• Quotation of the higher boundary of the zone 1/4 - 1.17587. • Quotation of the higher boundary of the zone 1/2 - 1.17087.
• Intraday objectives: update the highs from 06.10.2020 - 1.18087.
• Medium-term objectives: test the lower bound of WCZ - 1.18141.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.17087-1.17587, Take Profit 1-1.18087, Take Profit 2-1.18141.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)