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

Thursday, April 4, 2019

Indicator analysis. Daily review on April 4, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Thursday, the price may continue to move upwards. The first upper target of 1.1286 is the pullback level of 38.2% (yellow dotted line).

J8x3cyUZZ5FmN9BdThP6vYGpF75ghukmSPOn8kHa

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Thursday, the price may continue to move upwards. The first upper target of 1.1286 is the pullback level of 38.2% (yellow dotted line).

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

No comments: