USD/JPY
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 149.200-149.700.
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 149.100-149.700 and 150.600-151.000. 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 13.11.2023.
• Quotation of the higher boundary of the zone 1/4-150.534.
• Quotation of the higher boundary of the zone 1/2–149.377.
• Intraday objectives: update the highs from 13.11.2023-151.708.
• Medium-term objectives: test the lower bound of GWCZ –153.985.USDJPY: medium-term buys of the pair.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 149.377-150.534, Take Profit 1-151.708, Take Profit 2-153.985.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)
Origin: FreshForex
