EURUSD: medium-term sells of the pair

04 October 2019, EUR/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09310-1.09476. At the moment, the pair is trading higher, indicating the weakness of sellers.EURUSD: medium-term sells of the pair

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.09384-1.09467. At the moment, the pair is trading higher, indicating the weakness 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 01.10.2019.

• Quotation of the lower boundary of the zone 1/4-1.09240.

• Quotation of the lower boundary of the zone 1/2-1.09640.

• Intraday objectives: update the highs from 01.10.2019-1.08840.

• Medium-term objectives: test the higher bound of SWCZ - 1.08095.EURUSD: medium-term sells of the pair

• Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from the range of favorable prices 1.09240-1.09640 in the formation of a reversal pattern.

• Sell: 1.09240-1.09640, Take Profit 1-1.08840, Take Profit 2-1.08095.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

• TRADE METALS WITHOUT SWAPS!

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
© 2004—2019 FreshForex – Forex broker
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus

FreshForexInstant deposit