EURUSD: medium-term sells of the pair. | 16 January 2019
16 January 2019, EUR/USD
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.14081-1.14727. At the moment, the pair is trading lower, which indicates the strength of sellers.
Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the ranges, of quotations 1.14639-1.14711 and 1.15233-1.15294. CAt the moment, the pair is trading lower, which indicates the strength of sellers.The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 15.01.2019.
Quotation of the lower boundary of the zone 1/4-1.14279.
Quotation of the lower boundary of the zone 1/2-1.14741.
Intraday objectives: update the highs from 15.01.2019-1.13817.
Medium-term objectives: test the higher bound of GWCZ-1.12938.
Trading recommendations: from the range of favorable prices 1.14741-1.14279 in the formation of a reversal pattern.
Sell: 1.14741-1.14279, Take Profit 1-1.13817, Take Profit 2-1.12938.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
