USDJPY: medium-term buys of the pair. | 13 December 2018

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 112.052, 113.066 and 113.738-113.865. Currently, the pair is trading within the specified ranges, 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 112.619 – 112.681. 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 12.12.2018. Quotation of the higher boundary of the zone 1/4 – 113.048, quotation of the higher boundary of the zone 1/2 -112.616. Intraday objectives: update the highs from 12.12.2018 – 113.514, Medium-term objectives: test the lower bound of WCZ– 114.066. Trading recommendations: Buys from a range of favorable prices 112.616 – 113.048 in the formation of a reversal pattern.

Buy: 112.616 – 113.048, Take Profit 1-113.514, Take Profit 2-114.066.

WCZ (weekly control zone) GWCZ (golden weekly control zone) SWCZ (silver weekly control zone)