Showing posts with label Indicator analysis. Daily review on March 12. Show all posts
Showing posts with label Indicator analysis. Daily review on March 12. Show all posts

Indicator analysis. Daily review on March 12, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Tuesday, the upward movement will continue. The first upper target 1.3283 is the pullback level of 76.4% (yellow dotted line), with an attempt to break through this level.

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, the upward movement will continue. The first upper target 1.3283 is the pullback level of 76.4% (yellow dotted line), with an attempt to break through this level.

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

Indicator analysis. Daily review on March 12, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Tuesday, the price may continue its upward movement. The first upper target 1.1270 is the pullback level of 38.2% (blue dotted line) and further up to the pullback level of 50% - 1.1299 (blue dotted line).

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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 Tuesday, the price may continue upward movement. The first upper target 1.1270 is the pullback level of 38.2% (blue dotted line) and further up to the pullback level of 50% - 1.1299 (blue dotted line).

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