Showing posts with label Indicator analysis. Daily review on April 5. Show all posts
Showing posts with label Indicator analysis. Daily review on April 5. Show all posts

Indicator analysis. Daily review on April 5, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Friday, technical analysis demonstrates an upward movement. The first upper target of 1.3131 is the pullback level of 38.2% (yellow dashed line). However, much will depend on the news.

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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 Friday, technical analysis demonstrates an upward movement. The first upper target of 1.3131 is the pullback level of 38.2% (yellow dashed line). However, much will depend on the news.

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

Indicator analysis. Daily review on April 5, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Friday, the price may continue to move upwards. The first upper target of 1.1247 is the pullback level of 23.6% (yellow dotted line). However, much will depend on the news.

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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 Friday, the price may continue to move upwards. The first upper target of 1.1247 is the pullback level of 23.6% (yellow dotted line). However, much will depend on the news.

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