EURUSD: temporary uncertainty. | 28 December 2018

28 December 2018, EUR/USD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13647-1.14037. At the moment, the pair is trading higher, indicating the strength of buyers.EURUSD: temporary uncertainty. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located at the quote 1.14218. At the moment, the pair is trading higher, indicating the weakness of sellers. The area of profitable prices to sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 26.12.2018. Quotation of the lower boundary of the zone 1/4-1.13880, quotation of the lower boundary of the zone 1/2-1.14342. Intraday objectives: update the lows from 26.12.2018 - 1.13422, medium-term objectives: test the higher bound of WCZ - 1.13014.EURUSD: temporary uncertainty. Trading recommendations: Long-term and medium-term trends in different directions, I recommend to refrain from entering the transaction.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

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James Hoggarth
Analyst of FreshForex
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