EURUSD: medium-term sells of the pair. | 28 September 2023

28 September 2023, EUR/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.06500–1.06800. At the moment, the pair is trading lower, indicating the strength 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 1.06550–1.06750 and 1.05800-1.-06000At 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 27.09.2023.

• Quotation of the lower boundary of the zone 1/4-1.05363.

• Quotation of the lower boundary of the zone 1/2-1.05843.

• Intraday objectives: update the lows from 27.09.2023-1.04883.

• Medium-term objectives: test the higher bound of SWCZ - 1.03893.EURUSD: medium-term sells of the pair.

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

• Sell: 1.05363-1.05843, Take Profit 1-1.04883, Take Profit 2-1.03893.

• 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 .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus