EURUSD: medium-term buys of the pair. | 26 April 2023

26 April 2023, EUR/USD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09500-1.09850. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.EURUSD: medium-term buys of the pair.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.09700-1.09800. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• 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 25.04.2023.

• Quotation of the higher boundary of the zone 1/4 - 1.10158.

• Quotation of the higher boundary of the zone 1/2 - 1.09627.

• Intraday objectives: update the highs from 25.04.2023- 1.10687.

• Medium-term objectives: test the lower bound of SWCZ - 1.11252.EURUSD: medium-term buys of the pair.

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

• Buy: 1.09627-1.10158, Take Profit 1-1.10687, Take Profit 2-1.11252.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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