AUDUSD, GOLD, WTI | 07 June 2019

AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.70983-0.71079. 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 0.69136-0.69310. 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 17.05.2019.

Quotation of the lower boundary of the zone 1/4-0.68978.

Quotation of the lower boundary of the zone 1/2-0.69313.

Intraday objectives: update the lows from 17.05.2019–0.68644.

Medium-term objectives: test the higher bound of SWCZ -0.68011.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 0.68978-0.69313 in the formation of a reversal pattern.


Sell: 0.68978-0.69313, Take Profit 1 - 0.68644, Take Profit 2 - 0.68011.


GOLD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1279.44-1281.75. At the moment, the GOLD 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 1274.05-1276.79. 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 03.06.2019.

Quotation of the higher boundary of the zone 1/4–1303.99.

Quotation of the higher boundary of the zone 1/2–1295.48.

Intraday objectives: update the highs from 03.06.2019–1312.65.

Medium-term objectives: test the lower bound of GWCZ–1320.65.AUDUSD, GOLD, WTI

Trading recommendations: buys from a range of favorable prices 1295.48-1303.99 in the formation of a reversal pattern.


Buy: 1295.48-1303.99, Take Profit 1–1312.65, Take Profit 2–1320.65.




WTI


Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 58.305-59.048 and 62.850-63.336. 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 54.967- 55.416. 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 03.06.2019.

Quotation of the lower boundary of the zone 1/4–52.988.

Quotation of the lower boundary of the zone 1/2–53.745.

Intraday objectives: update the lows from 03.06.2019–52.200.

Medium-term objectives: test the higher bound of GWCZ-51.876.AUDUSD, GOLD, WTI

Trading recommendations: sells from a range of favorable prices 52.988-53.745 in the formation of a reversal pattern.


Sell: 52.988-53.745, Take Profit 1-52.200, Take Profit 2-51.876.




WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)


 

James Hoggarth
Analyst of FreshForex
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