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EURUSD:temporary uncertainty.

EURUSD:temporary uncertainty. | 19 July 2019

19 July 2019, EUR/USD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.11945-1.12015 и 1.12357-1.12435. 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 range, of quotations 1.12497-1.12556 and 1.12067-1.12121. At the moment, the pair is trading higher, indicating the strength of buyers. 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 09.07.2019. Quotation of the lower boundary of the zone 1/4-1.12333. Quotation of the lower boundary of the zone 1/2-1.12731. Intraday objectives: update the lows from 09.07.2019-1.11925. Medium-term objectives: test the higher bound of GWCZ - 1.10544.EURUSD:temporary uncertainty. Trading recommendations: the volumes of the medium-term trend impede the entry into the sell transaction, I recommend staying out of the market.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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