08 Abril 2020, USD/JPY
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 108.325-108.655. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 108.447-108.536. At the moment, the pair is trading higher, indicating the strength of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 06.04.2020.
• Quotation of the higher boundary of the zone 1/4-108.481.
• Quotation of the higher boundary of the zone 1/2–107.551.
• Intraday objectives: update the highs from 06.04.2020-109.426.
• Medium-term objectives: test the lower bound of WCZ –110.626.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 107.551-108.481, Take Profit 1-109.426, Take Profit 2-112.626.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)