05 Mei 2023, EUR/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09600-1.09900. 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 1.10380-1.10430. At the moment, the pair is trading lower, indicating the weakness 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 03.05.2023.
• Quotation of the higher boundary of the zone 1/4 - 1.10404.
• Quotation of the higher boundary of the zone 1/2 - 1.09874.
• Intraday objectives: update the highs from 03.05.2023- 1.10934.
• Medium-term objectives: test the lower bound of WCZ - 1.11559.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.09874-1.10404, Take Profit 1-1.10934, Take Profit 2-1.11559.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)