USDJPY: medium-term buys of the pair. | 19 Tháng Mười 2023

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 148.800-149.300. At the moment, the pair is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 148.700-149.000 and 149.350-149.350. 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 19.10.2023.

• Quotation of the higher boundary of the zone 1/4-148.581.

• Quotation of the higher boundary of the zone 1/2–147.292.

• Intraday objectives: update the highs from 19.10.2023-149.893.

• Medium-term objectives: test the lower bound of GWCZ –152.314.

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

• Buy: 147.292-148.581, Take Profit 1-149.893, Take Profit 2-152.314.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)