EURUSD: medium-term buys of the pair. | 11 November 2022

11 November 2022, EUR/USD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.97761-0.97946. 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 0.99907-1.00025 and 1.01353-1.01479. 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 10.11.2022.

• Quotation of the higher boundary of the zone 1/4 - 1.01693.

• Quotation of the higher boundary of the zone 1/2 - 1.01163.

• Intraday objectives: update the highs from 10.11.2022- 1.02227.

• Medium-term objectives: test the lower bound of GWCZ - 1.02643.EURUSD: medium-term buys of the pair.

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

• Buy: 1.01163-1.01693, Take Profit 1-1.02227, Take Profit 2-1.02643.

• 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 .