20 Juni 2023, EUR/USD
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09250-1.09650. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.09400-1.09550. 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 16.06.2023.
• Quotation of the higher boundary of the zone 1/4 - 1.09240.
• Quotation of the higher boundary of the zone 1/2 - 1.08760.
• Intraday objectives: update the highs from 16.06.2023- 1.09720.
• Medium-term objectives: test the lower bound of SWCZ - 1.10359.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.08760-1.09240, Take Profit 1-1.09720, Take Profit 2-1.10359.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)