23 March 2020, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 106.820-106.992. 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 106.547-106.679. 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 20.03.2020.
• Quotation of the higher boundary of the zone 1/4-110.725.
• Quotation of the higher boundary of the zone 1/2–109.917.
• Intraday objectives: update the highs from 20.03.2020-111.545.
• Medium-term objectives: test the lower bound of GWCZ –113.082.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 109.917-110.725, Take Profit 1-111.545, Take Profit 2-113.082.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)