USDJPY – Down
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 112.272-112.440 and 111.130-111.229. At the moment, the pair is trading lower, which indicates the strength of sellers. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 111.130-111.229. At the moment, the pair is trading lower, which indicates 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 20.12.2018. Quotation of the lower boundary of the zone 1/4–111.253, quotation of the lower boundary of the zone 1/2-111.701. Intraday objectives: update the lows from 20.12.2018–110.806, Medium-term objectives: test the higher bound of SWCZ–110.097. Trading recommendations: Sells from a range of favorable prices 111.253-111.701 in the formation of a reversal pattern.
Sell: 111.253-111.701, Take Profit 1-110.806, Take Profit 2-110.097.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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