23 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. At the moment, the pair is trading lower, indicating the strength of sellers. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.12176-1.12232. At the moment, the pair is trading lower, indicating the strength of sellers. 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 23.07.2019. Quotation of the lower boundary of the zone 1/4-1.12291. Quotation of the lower boundary of the zone 1/2-1.12689. Intraday objectives: update the lows from 23.07.2019-1.11884. Medium-term objectives: test the higher bound of SWCZ - 1.10922. Trading recommendations: sells from the range of favorable prices 1.12291-1.12689 in the formation of a reversal pattern.
Sell: 1.12291-1.12689, Take Profit 1-1.11884, Take Profit 2-1.10922.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)