AUDUSD, GOLD, WTI | 01 March 2019

AUDUSD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.70925-0.71105 and 0.71811-0.71991. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.71106-0.71163. At the moment, the pair is trading higher, indicating the weakness 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 21.02.2019.

Quotation of the lower boundary of the zone 1/4-0.71035.

Quotation of the lower boundary of the zone 1/2-0.71367.

Intraday objectives: update the lows from 21.02.2019–0.70693.

Medium-term objectives: test the higher bound of GWCZ-0.70036.AUDUSD, GOLD, WTI

Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful sells from the range of favorable prices 0.71035-0.71367 in the formation of a reversal pattern.


Sell: 0.71035-0.71367, Take Profit 1 - 0.70693, Take Profit 2 - 0.70036.


GOLD

Long-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1310.97-1315.60. At the moment, the GOLD pair is trading higher, indicating the strength of buyers.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1325.18-1326.43 and 1344.22-1345.22. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

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 maximum 21.02.2019.

Quotation of the lower boundary of the zone 1/4–1329.27.

Quotation of the lower boundary of the zone 1/2–1337.79.

Intraday objectives: update the lows from 21.02.2019–1320.75.

Medium-term objectives: test the higher bound of WCZ –1312.73. AUDUSD, GOLD, WTI

Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful sells from the range of favorable prices 1329.27-1337.79 in the formation of a reversal pattern.


Sell: 1329.27-1337.79, Take Profit 1–1320.75, Take Profit 2–1312.73.




WTI

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 56.262-56.580. At the moment, the WTI is trading higher, indicating the strength of buyers.AUDUSD, GOLD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 56.383-56.575. At the moment, the WTI is trading higher, indicating the strength 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 22.02.2019.

Quotation of the higher boundary of the zone 1/4–56.912.

Quotation of the higher boundary of the zone 1/2–55.925.

Intraday objectives: update the highs from 22.02.2019–57.911.

Medium-term objectives: test the lower bound of SWCZ -59.319.AUDUSD, GOLD, WTI

Trading recommendations: buys from a range of favorable prices 55.925-56.912 in the formation of a reversal pattern.


Buy: 55.925-56.912, Take Profit 1-57.911, Take Profit 2-59.319.




WCZ (weekly control zone)


GWCZ (golden weekly control zone)


SWCZ (silver weekly control zone)



 

James Hoggarth
Analyst of FreshForex
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