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EURUSD: medium-term buys of the pair.

EURUSD: medium-term buys of the pair. | 13 May 2019

13 May 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12146-1.12219 and 1.12493-1.12602. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.EURUSD: medium-term buys of the pair. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations of 1.11897-1.12034. At the moment, the pair 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 10.05.2019. Quotation of the higher boundary of the zone 1/4-1.12129. Quotation of the higher boundary of the zone 1/2-1.11732. Intraday objectives: update the highs from 10.05.2019-1.12540. Medium-term objectives: test the lower bound of WCZ - 1.12947.EURUSD: medium-term buys of the pair. Trading recommendations: buys from the range of favorable prices 1.11732-1.12129 in the formation of a reversal pattern.

Buy: 1.11732-1.12129 Take Profit 1-1.12540, Take Profit 2-1.12947.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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