EURUSD: medium-term buys of the pair.

14 August 2019, EUR/USD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12272-1.12344. At the moment, the pair is trading lower, indicating the strength of sellers.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 1.11951-1.12001. At the moment, the pair is trading lower, indicating the weakness of buyers. The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 06.08.2019. Quotation of the higher boundary of the zone 1/4-1.12094. Quotation of the higher boundary of the zone 1/2-1.11690. Intraday objectives: update the lows from 06.08.2019-1.12489. Medium-term objectives: test the lower bound of GWCZ - 1.12663.EURUSD: medium-term buys of the pair. Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful buys from the range of favorable prices 1.11690-1.12094 in the formation of a reversal pattern.

Buy: 1.11690-1.12094, Take Profit 1-1.12489, Take Profit 2-1.12663.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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