16 апреля 2020, USD/JPY
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.349-107.560. At the moment, the pair is trading higher, indicating the weakness of sellers.
• Medium-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 108.782-108.915. At the moment, the pair 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 15.04.2020.
• Quotation of the lower boundary of the zone 1/4-107.813.
• Quotation of the lower boundary of the zone 1/2–108.748.
• Intraday objectives: update the lows from 15.04.2020-106.893.
• Medium-term objectives: test the higher bound of WCZ –105.654.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 107.813-108.748, Take Profit 1-106.893, Take Profit 2-105.654.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)