EURUSD: temporary uncertainty. | 15 January 2019

15 January 2019, EUR/USD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.14423-1.14727. 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 in the ranges, of quotations 1.14639-1.14711 and 1.15233-1.15294. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 14.01.2019.

Quotation of the lower boundary of the zone 1/4-1.14966.

Quotation of the lower boundary of the zone 1/2-1.15241.

Intraday objectives: update the highs from 14.01.2019–1.14505.

Medium-term objectives: test the higher bound of WCZ-1.13851.EURUSD: temporary uncertainty.

Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful sells from the range of favorable prices 1.14966-1.15421 in the formation of a reversal pattern.

Sell: 1.14966-1.15421, Take Profit 1-1.14505, Take Profit 2-1.13851.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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