Showing posts with label Indicator analysis. Daily review for March 8. Show all posts
Showing posts with label Indicator analysis. Daily review for March 8. Show all posts

Indicator analysis. Daily review for March 8, 2019 for the pair GBP / USD

On Friday, the price will move up before the news release. The first top target of 1.3135 is the rolling level of 23.6% (yellow dotted line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Friday, the price will move up before the news release. The first top target of 1.3135 is the rolling level of 23.6% (yellow dotted line).

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

Indicator analysis. Daily review for March 8, 2019 for the EUR / USD pair

Trend analysis (Fig. 1).

On Friday, the price, before the news, may make the upper movement. The first upper target 1.1235 is a pullback level of 23.6% (blue dashed line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Friday, the price, before the news, may make the upper movement. The first upper target 1.1235 is a pullback level of 23.6% (blue dashed line).

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