Indicator analysis. Daily review on April 17, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Wednesday, technical analysis demonstrates a downward movement. The first lower target 1.3002 is the 38.2% pullback level (blue dashed line).

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis is neutral;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Wednesday, technical analysis demonstrates a downward movement. The first lower target 1.3002 is the 38.2% pullback level (blue dashed line).

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

Indicator analysis. Daily review on April 17, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Wednesday, the price may attempt to break through the resistance line 1.1301 again (red bold line).The first upper target 1.1325 is the upper fractal.

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Wednesday, the price may attempt to break through the resistance line 1.1301 again (red bold line). The first upper target 1.1325 is the upper fractal.

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