Showing posts with label Indicator analysis. Daily review for March 14. Show all posts
Showing posts with label Indicator analysis. Daily review for March 14. Show all posts

Indicator analysis. Daily review for March 14, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Thursday, there is a high probability of an upward movement. The first upper target 1.3432 is the resistance line of the ascending channel (yellow thin line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Thursday, there is a high probability of an upward movement. The first upper target 1.3432 is the resistance line of the ascending channel (yellow thin line).

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

Indicator analysis. Daily review for March 14, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Thursday, the price may roll back down (the last three white candles on the falling volumes are very strong signals down the candlestick analysis). The first lower target of 1.1301 is the pullback level of 23.6% (yellow dotted line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Thursday, the price may roll back down (the last three candles are white and fit into the body of the last black candle - a very strong signal down the candlestick analysis). The first lower target of 1.1301 is the pullback level of 23.6% (yellow dotted line).

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