USDJPY: medium-term buys of the pair. | 21 tháng Tám 2020

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 107.158-107.314. At the moment, the pair is trading lower, indicating the weakness of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 105.493-105.614. 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 13.08.2020.

• Quotation of the higher boundary of the zone 1/4-106.222.

• Quotation of the higher boundary of the zone 1/2–105.416.

• Intraday objectives: update the highs from 13.08.2020-107.041.

• Medium-term objectives: test the lower bound of WCZ –107.379.

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

• Buy: 105.416-106.222, Take Profit 1-107.041, Take Profit 2-107.379.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)