EURUSD: medium-term buys of the pair. | 28 Enero 2019

28 Enero 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13887-1.13981. At the moment, the pair is trading higher, indicating the weakness of sellers. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.13249-1.14048. Currently, the pair 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 28.01.2019. Quotation of the higher boundary of the zone 1/4-1.13801. Quotation of the higher boundary of the zone 1/2-1.13350. Intraday objectives: update the highs from 28.01.2019-1.14253. Medium-term objectives: test the lower bound of WCZ-1.14728. Trading recommendations: buys from the range of favorable prices 1.13350-1.13801 in the formation of a reversal pattern.

Buy: 1.13350-1.13801, Take Profit 1-1.14253, Take Profit 2-1.14728.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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