20 Oktober 2020, EUR/USD
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.17410-1.17470. 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 1.17270-1.17380. 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 12.10.2020.
• Quotation of the higher boundary of the zone 1/4 - 1.17760. • Quotation of the higher boundary of the zone 1/2 - 1.17180.
• Intraday objectives: update the highs from 12.10.2020 - 1.18340.
• Medium-term objectives: test the lower bound of WCZ - 1.18490.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.17180-1.17760, Take Profit 1-1.18340, Take Profit 2-1.18490.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)