AUDUSD, GOLD, WTI | 17 May 2019

AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.70968-0.71034. At the moment, the pair is trading lower, indicating the strength of sellers.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.69886-0.70137. 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 06.05.2019.

Quotation of the lower boundary of the zone 1/4-0.69964.

Quotation of the lower boundary of the zone 1/2-0.70297.

Intraday objectives: update the lows from 06.05.2019–0.69629.

Medium-term objectives: test the higher bound of SWCZ -0.69358.AUDUSD, GOLD, WTI

Trading recommendations: sells from the range of favorable prices 0.69964-0.70297 in the formation of a reversal pattern.


Sell: 0.69964-0.70297, Take Profit 1 - 0.69629, Take Profit 2 - 0.69358.


GOLD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1281.15-1284.62. 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 1283.03-1284.70. 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 08.05.2019.

Quotation of the higher boundary of the zone 1/4–1283.03.

Quotation of the higher boundary of the zone 1/2–1274.54.

Intraday objectives: update the highs from 08.05.2019–1291.62.

Medium-term objectives: test the lower bound of WCZ–1300.29.AUDUSD, GOLD, WTI

Trading recommendations: buys from a range of favorable prices 1274.54-1283.03 in the formation of a reversal pattern.


Buy: 1274.54-1283.03, Take Profit 1–1291.62, Take Profit 2–1300.29.




WTI


Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 61.451-61.782. Currently, the WTI 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 61.509-61.686. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.

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 06.05.2019.

Quotation of the lower boundary of the zone 1/4–62.188.

Quotation of the lower boundary of the zone 1/2–61.406.

Intraday objectives: update the highs from 06.05.2019–62.984.

Medium-term objectives: test the lower bound of GWCZ-64.784.AUDUSD, GOLD, WTI

Trading recommendations: buys from a range of favorable prices 61.406-62.188 in the formation of a reversal pattern.


Buy: 61.406-62.188, Take Profit 1-62.984, Take Profit 2-64.784.




WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)


 

James Hoggarth
Analyst of FreshForex
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