AUDUSD, GOLD, WTI | 03 May 2019

 AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.70935-0.71034. At the moment, the pair is trading lower, indicating the strength of sellers.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.70089-0.70148. 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 25.04.2019.

Quotation of the lower boundary of the zone 1/4-0.70216.

Quotation of the lower boundary of the zone 1/2-0.70552.

Intraday objectives: update the lows from 25.04.2019–0.69876.

Medium-term objectives: test the higher bound of SWCZ -0.69358.AUDUSD, GOLD, WTI

Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from the range of favorable prices 0.70216-0.70552 in the formation of a reversal pattern.


Sell: 0.70216-0.70552, Take Profit 1 - 0.69876, Take Profit 2 - 0.69358.


GOLD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1275.63-1276.94 and 1292.38-1294.58. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty. AUDUSD, GOLD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1275.65-1277.29. At the moment, the pair 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 26.04.2019.

Quotation of the higher boundary of the zone 1/4–1280.27.

Quotation of the higher boundary of the zone 1/2–1271.76.

Intraday objectives: update the highs from 26.04.2019–1288.79.

Medium-term objectives: test the lower bound of WCZ–1300.29.AUDUSD, GOLD, WTI

Trading recommendations: buys from a range of favorable prices 1271.76-1280.27 in the formation of a reversal pattern.


Buy: 1271.76-1280.27, Take Profit 1–1288.79, Take Profit 2–1300.29.




WTI


Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 65.657-65.924. At the moment, the WTI is trading lower, indicating the strength of sellers.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 65.608-65.787. At the moment, the WTI is trading lower, indicating 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 26.04.2019.

Quotation of the lower boundary of the zone 1/4–63.158.

Quotation of the lower boundary of the zone 1/2–64.001.

Intraday objectives: update the lows from 26.04.2019–62.297.

Medium-term objectives: test the higher bound of GWCZ-61.447.AUDUSD, GOLD, WTI

Trading recommendations: sells from a range of favorable prices 63.158-64.001 in the formation of a reversal pattern.


Sell: 63.158-64.001, Take Profit 1-62.297, Take Profit 2-61.447.




WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:

Close
Login
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .