25 Mei 2023, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 138.000-138.600. 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 138.350-138.550. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.
• 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 25.05.2023.
• Quotation of the higher boundary of the zone 1/4-138.289.
• Quotation of the higher boundary of the zone 1/2–136.890.
• Intraday objectives: update the highs from 25.05.2023-139.717.
• Medium-term objectives: test the lower bound of GWCZ –141.443.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 136.890-138.289, Take Profit 1-139.717, Take Profit 2-141.443.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)