24 Juni 2021, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 110.048-110.138. 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 110.056-110.126. 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 24.06.2021.
• Quotation of the higher boundary of the zone 1/4-110.615.
• Quotation of the higher boundary of the zone 1/2–110.116.
• Intraday objectives: update the highs from 24.06.2021-111.118.
• Medium-term objectives: test the lower bound of SWCZ –111.353.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 110.116-110.615, Take Profit 1-111.118, Take Profit 2-111.353.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)