AUDUSD, XAUUSD, WTI. | 21 December 2018

AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.72073-0.72198. At the moment, the pair is trading lower, which indicates the strength of sellers.AUDUSD, XAUUSD, WTI.

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.72067-0.72189.. At the moment, the pair is trading lower, which indicates the strength of sellers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 14.12.2018. Quotation of the lower boundary of the zone 1/4-0.71814, quotation of the lower boundary of the zone 1/2-0.72130. Intraday objectives: update the lows from 14.12.2018–0.71508. Medium-term objectives: test the higher bound of SWCZ-0.71430 and test the higher bound of GWCZ-0.70808.AUDUSD, XAUUSD, WTI.

Trading recommendations: Sells from a range of favorable prices 0.71814-0.72130 in the formation of a reversal pattern.


Sell: 0.71814-0.72130, Take Profit 1 - 0.71508, Take Profit 2 - 0.71430, Take Profit 3 - 0.70808.


GOLD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1240.62-1245.07. At the moment, the GOLD is trading higher, indicating the strength of buyers.AUDUSD, XAUUSD, WTI.

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1240.56-1245.13. At the moment, the GOLD is trading lower, indicating the weakness 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 10.12.2018. Quotation of the higher boundary of the zone 1/4–1242.37, quotation of the higher boundary of the zone 1/2–1233.83. Intraday objectives: update the highs from 10.12.2018. – 1249.85. Medium-term objectives: test the lower bound of GWCZ – 1264.41.AUDUSD, XAUUSD, WTI.

Trading recommendations: Buys from a range of favorable prices 1233.83 – 1242.37 in the formation of a reversal pattern.


Buy: 1233.83 – 1242.37, Take Profit 1 - 1249.85, Take Profit 2 – 1264.41.




WTI

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 51.115-51.765. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.AUDUSD, XAUUSD, WTI.

Medium-term trend: temporary uncertainty. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 51.686-51.862. At the moment, the WTI 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 13.12.2018. Quotation of the lower boundary of the zone 1/4 – 51.648, quotation of the lower boundary of the zone 1/2–52.705. Intraday objectives: update the lows from 13.12.2018–50.566. Medium-term objectives: test the higher bound of WCZ–50.075.AUDUSD, XAUUSD, WTI.

Trading recommendations: temporary uncertainty, I recommend to refrain from new positions.

 

James Hoggarth
Analyst of FreshForex
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