03 March 2023, EUR/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.06600-1.06900. At the moment, the pair is trading lower, indicating the strength of sellers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.06070-1.06200. At the moment, the pair is trading lower, indicating the weakness 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 01.03.2023.
• Quotation of the higher boundary of the zone 1/4 - 1.06412.
• Quotation of the higher boundary of the zone 1/2 - 1.05882.
• Intraday objectives: update the highs from 01.03.2023- 1.06942.
• Medium-term objectives: test the lower bound of WCZ - 1.07487.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.05882-1.06412, Take Profit 1-1.06942, Take Profit 2-1.07487.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)