AUDUSD, GOLD, WTI | 29 March 2019

AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.70767-0.70982. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.70949-0.71054. At 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 25.03.2019.

Quotation of the lower boundary of the zone 1/4-0.70992.

Quotation of the lower boundary of the zone 1/2-0.71326.

Intraday objectives: Intraday objectives: update the lows from 25.03.2019–0.70658.

Medium-term objectives: test the higher bound of WCZ-0.70326.AUDUSD, GOLD, WTI

Trading recommendations: sells from the range of favorable prices 0.70992-0.71326 in the formation of a reversal pattern.


Sell: 0.70992-0.71326, Take Profit 1 - 0.70658, Take Profit 2 - 0.70326.


GOLD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1314.12-1318.26. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty. AUDUSD, GOLD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1301.45-1303.61. At the moment, the GOLD is trading higher, indicating the strength of buyers.

The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 21.03.2019.

Quotation of the higher boundary of the zone 1/4–1311.69.

Quotation of the higher boundary of the zone 1/2–1303.38.

Intraday objectives: update the highs from 21.03.2019–1320.22.

Medium-term objectives: test the lower bound of GWCZ –1331.83.AUDUSD, GOLD, WTI

Trading recommendations: buys from the range of favorable prices 1294.29-1302.72 in the formation of a reversal pattern.


Buy: 1294.29-1302.72, Take Profit 1–1311.32, Take Profit 2–1314.77.




WTI


Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 59.175-60.175. At the moment, the WTI is trading lower, indicating the strength of sellers.AUDUSD, GOLD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 59.881-60.133. At the moment, the WTI is trading lower, indicating the weakness of buyers.

The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 21.03.2019.

Quotation of the higher boundary of the zone 1/4–59.443.

Quotation of the higher boundary of the zone 1/2–58.542.

Intraday objectives: update the highs from 21.03.2019–60.411.

Medium-term objectives: test the lower bound of GWCZ-60.703.AUDUSD, GOLD, WTI

Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market.

 

James Hoggarth
Analyst of FreshForex
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