EURUSD: medium-term buys of the pair | 06 Diciembre 2018

06 Diciembre 2018, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13563 - 1.14245. At the moment, the pair is trading lower, which indicates the strength of sellers. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.13753 - 1.137891. At the moment, the pair 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 04.12.2018. Quotation of the higher boundary of the zone 1/4 - 1.13260, quotation of the higher boundary of the zone 1/2 - 1.13718. Intraday objectives: update the highs from 04.12.2018 – 1.14180, medium-term objectives: test the lower bound of WCZ - 1.14503. Trading recommendations: Long-term and medium-term trends in different directions, I recommend to refrain from entering the transaction or a very neat Buys from a range of favorable prices 1.13260-1.13718 in the formation of a reversal pattern.

Buy: 1.13260-1.13718, Take Profit 1-1.14180, Take Profit 2-1.14503.

James Hoggarth
Analyst of FreshForex
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.