EURUSD: medium-term buys of the pair | 18 April 2019

18 April 2019, EUR/USD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12227-1.12368, 1.12521-1.12589 and 1.12841-1.12925. 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 1.12956-1.13038. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. 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 12.04.2019. Quotation of the higher boundary of the zone 1/4-1.12775. Quotation of the higher boundary of the zone 1/2-1.12313. Intraday objectives: update the highs from 12.04.2019-1.13236. Medium-term objectives: test the lower bound of WCZ - 1.13677.EURUSD: medium-term buys of the pair Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from a range of favorable prices 1.12313-1.12775 in the formation of a reversal pattern.

Buy: 1.12313-1.12775, Take Profit 1-1.13236, Take Profit 2-1.13677.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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