Online source for the latest forex and trading news. Stay informed with up-to-date market trends, expert analysis, and insightful articles to help you make smart trading decisions

Tuesday, April 16, 2019

Indicator analysis. Daily review for April 16, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move upwards. The first upper target of 1.1325 is the upper fractal.

Vr0amcqvq2ysXyc0vE7qx6AVhZaC7tRrpJcNfJXl

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, the price may continue to move upwards. The first upper target of 1.1325 is the upper fractal.

The material has been provided by InstaForex Company - www.instaforex.com

No comments: