USDJPY: medium-term buys of the pair. | 31 October 2019

31 October 2019, USD/JPY

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.594-107.786 and 108.498-108.603. At the moment, the pair is trading higher, indicating the strength of buyers.USDJPY: 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 108.529-108.621. At the moment, the pair is trading higher, indicating the strength of buyers. • 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 30.10.2019. • Quotation of the higher boundary of the zone 1/4-108.754. • Quotation of the higher boundary of the zone 1/2-108.251. • Intraday objectives: update the lows from 30.10.2019-109.263. • Medium-term objectives: test the lower bound of SWCZ - 110.125.USDJPY: medium-term buys of the pair. • Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern. • Buy: 108.251-108.754, Take Profit 1-109.263, Take Profit 2-110.125. • WCZ (weekly control zone) • GWCZ (golden weekly control zone) • SWCZ (silver weekly control zone) • TRADE METALS WITHOUT SWAPS!

James Hoggarth
Analyst of FreshForex
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