20 Juli 2023, EUR/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.08900-1.09400. 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 1.12250-1.12400. 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 18.07.2023.
• Quotation of the higher boundary of the zone 1/4 - 1.12303.
• Quotation of the higher boundary of the zone 1/2 - 1.11823.
• Intraday objectives: update the highs from 18.07.2023- 1.12783.
• Medium-term objectives: test the lower bound of GWCZ - 1.13193.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.11823-1.12303, Take Profit 1-1.12783, Take Profit 2-1.13193.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)