EUR / USD pair
Trend Analysis (Figure 1)
On Monday news, the price was moving down. On Tuesday, most likely, the upper traffic will continue. Bulls will try to reach the recoiling Fibonacci level of 38.2% - 1.1736. The complex analysis will more accurately tell where the price will go.
Fig. 1 (daily chart).
Indicator analysis on the daily chart(Figure 2).
The system of ADX indicators (Figure 2).
On the last run, the fast line (indicator period 5 - white) and the slow line (indicator period 8 - blue) moved upward. In this case, the trend should be determined by trend type indicators.
MACD indicator (period 5/8/13).
The linear part of the MACD indicator.
The fast line (signal) is the white line.
The slow line (main line) is the blue line.
The result for the linear part of the MACD indicator is a downward trend.
Histogram of the MACD indicator.
Histogram - columns of black color.
The result of the histogram of the MACD indicator is a downward trend.
Overall result: The MACD indicator on the daily chart gives a downward trend.
Middle lines of the EMA.
On the daily chart, the following average lines are used.
1 middle line of the EMA - the color is white (first shadow).
5 middle line of the EMA - the color is red (the first shadow).
8 middle line of the EMA - the color is blue (the first shadow and trend).
13 middle line of the EMA - the color is yellow (trend).
21 middle line of the EMA - the color is brown (trend).
At the last run, the 8 middle line of the EMA (blue) moved up and above the 13 middle line of the EMA (yellow) is the signal of the upper work.
21 middle line of the EMA is moving up and below the 13 middle line of the EMA amplifies the signals of the upper work.
The bottom line: The EMA middle line system on the daily chart gives an upward trend.
The probability distribution of the indicators is as follows:
The average EMA lines are 24% up;
The MACD indicator (linear part) is 38% down;
The MACD indicator (histogram) is 38% down.
The result of the indicator analysis: The price will have a downward trend.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - up;
- Volumes - upwards;
- Candle analysis - neutral;
- Trend analysis - up;
- Bollinger lines - up;
- Weekly chart- up.
General conclusion.
On Tuesday, most likely, the pair EUR / USD will have an upper movement with the first target of 1.1736.
GBP / USD pair
Trend analysis (Figure 1).
On Monday, the price moved up. On Tuesday, the market will try to go further up, with the target of 1.3124, the upper fractal level (red dotted line). The complex analysis will more accurately tell where the price will go.
Fig. 1 (daily chart).
Indicator analysis on the daily chart (Figure 2).
The system of ADX indicators (Figure 2).
On the last run, the fast line (indicator period 5 - white) and the slow line (indicator period 8 - blue) moved upward. But the fast (white) line is above 80%. In this case, the trend should be determined from the indicators of the oscillator type.
The stochastic indicator (period 3/3/4) on the daily chart gives a downward trend (Fig. 2).
The system of RSI indicators (Fig. 2).
When working with the daily chart, the following periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).
Closed candle at the last days.
The calculation of the RSI indicator (5) on properties gives up.
The calculation of the RSI indicator (8) on the properties gives up.
The bottom line: The RSI indicator system gives an upward trend.
The calculation of the CCI indicator on the properties gives up.
The bottom line: The CCI indicator system gives an upward trend.
The result of the indicator analysis: The price will have an upward trend.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - neutral;
- Volumes - upwards;
- Candlestick analysis - up;
- Trend analysis - up;
- Bollinger lines - up;
- Weekly chart - up.
General conclusion.
On Tuesday, the pair GBP / USD will have an upward trend, to the level of 1.3124.
