10 мая 2023, USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 133.800-134.300. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 136.400-136.550. 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 04.05.2023.
• Quotation of the lower boundary of the zone 1/4 – 134.764.
• Quotation of the lower boundary of the zone 1/2 – 136.112.
• Intraday objectives: update the lows from 04.05.2023-133.442.
• Medium-term objectives: test the higher bound of WCZ –132.332.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 134.764-136.112, Take Profit 1-133.442, Take Profit 2-132.332.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)