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EURUSD: medium-term buys of the pair.

EURUSD: medium-term buys of the pair. | 29 January 2019

29 January 2019, EUR/USD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13887-1.13981. At the moment, the pair is trading higher, indicating the strength of buyers.EURUSD: medium-term buys of the pair. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.14064-1.14129. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 28.01.2019. Quotation of the higher boundary of the zone 1/4-1.13970. Quotation of the higher boundary of the zone 1/2-1.13509. Intraday objectives: update the highs from 28.01.2019-1.14435. Medium-term objectives: test the lower bound of WCZ-1.14728.EURUSD: medium-term buys of the pair. Trading recommendations: buys from the range of favorable prices 1.13509-1.13970 in the formation of a reversal pattern.

Buy: 1.13509-1.13970, Take Profit 1-1.14435, Take Profit 2-1.14728.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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