EURUSD: medium-term buys of the pair. | 14 July 2020

14 July 2020, EUR/USD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12854-1.12994. 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 1.12853-1.12954. At the moment, the pair is trading higher, indicating the strength 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 13.07.2020.

• Quotation of the higher boundary of the zone 1/4-1.13301. • Quotation of the higher boundary of the zone 1/2-1.12846.

• Intraday objectives: update the highs from 13.07.2020-1.13755.

• Medium-term objectives: test the lower bound of GWCZ - 1.14585.EURUSD: medium-term buys of the pair.

• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.

• Buy: 1.12846-1.13301, Take Profit 1-1.13755, Take Profit 2-1.14585.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

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 .