Showing posts with label Indicator analysis. Daily review on April 16. Show all posts
Showing posts with label Indicator analysis. Daily review on April 16. Show all posts

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

Trend analysis (Fig. 1).

On Tuesday, technical analysis demonstrates an upward movement. The first upper target 1.3133 is the upper fractal.

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis is neutral;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, technical analysis demonstrates an upward movement. The first upper target 1.3133 is the upper fractal.

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