USDJPY: medium-term buys of the pair. | 24 Octubre 2023

24 Octubre 2023, USD/JPY

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 148.600-149.100. At the moment, the pair is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 148.700-149.000 and 149.300-149.500. 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 23.10.2023.

• Quotation of the higher boundary of the zone 1/4-148.697.

• Quotation of the higher boundary of the zone 1/2–147.405.

• Intraday objectives: update the highs from 23.10.2023-150.012.

• Medium-term objectives: test the lower bound of GWCZ –152.245.

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

• Buy: 147.405-148.697, Take Profit 1-150.012, Take Profit 2-152.245.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

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.