EUR / USD pair
Trend analysis (Figure 1).
Last week, the trend is directed downward based on the news. It is possible for the downward movement to continue this week. The first lower target is the support line 1.1710 (white line). A complex analysis will determine where the price will go next.
Fig.
Indicator analysis on the weekly schedule (Fig. 2).
The system of ADX indicators (Figure 2).
On the last run, the fast line (indicator 5 - white) and the slow line (indicator period 8 - blue) moved upwards.
MACD Indicator (period 5/8/13).
The linear part of the MACD indicator.
Fast line (signal) - a line of white color.
The slow line (main line) is the blue line.
The result for the linear part of the MACD indicator is 100 points down.
Histogram of the MACD indicator.
Histogram - columns of black color.
The result of the histogram of the MACD indicator is a downward trend (100 points down).
Overall: the MACD indicator on the weekly chart gives a downward trend.
Middle lines of the EMA.
On the weekly chart.
1 middle EMA line - white color (first shadow).
5 the middle line of the EMA - the color is red (the first shadow).
8 middle EMA line - the color is blue (trend of the week).
13 middle EMA line - yellow color (trend of the week).
21 middle EMA line - brown color (trend of the week).
At the last run 8, the middle EMA line (blue) moved up above the 13th EMA midline (yellow) which moved upwards and the signal is up.
At the last run 13, the middle EMA line (yellow) moved up above the 21 middle line of the EMA (black) which moved upwards, amplifying the signal of the top trend.
The bottom line: the EMA middle line system on the weekly chart gives an upward signal.
The probability distribution of the indicators is as follows:
- the average EMA lines are 24% up;
- MACD indicator (linear part) - 38% down;
- MACD indicator (histogram) - 38% down.
Overall: on technical analysis: the price on the weekly chart should have a downward trend.
Calculation of the first shadow of the week (Monday) on a weekly chart.
The middle lines of the EMA 1/5/8 are the upper signal.
The indicator "three lines" (the direction of the lines of indicators CCI (5), RSI (5), stochastics with a period of 3/3/4) - the bottom signal.
Calculation of the RSI indicator system for the first tail is the bottom signal.
The bottom line: the calculation of the weekly candle from September 4 to 9;
Calculation of the second shadow of the week (Friday).
Calculation of the linear part of the MACD gave a downward trend (100 points down).
The calculation of the MACD histogram - gave a downward trend (100 points down).
The bottom line: the calculation of the last day of the technical analysis.
Fig.
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- volumes - upwards;
- candle analysis - neutral;
- trend analysis - down;
- Bollinger lines - up;
- monthly graph - up.
Conclusion on complex analysis - down.
The total of the result of the calculation of the candle of the EUR / USD pair on the weekly chart: the price of the week will most likely have a downward trend in the black candle and the absence of the second lower shadow.
GBP / USD pair
Trend analysis (Figure 1).
The past week had a lateral focus.
Fig.
Indicator analysis on the weekly schedule (Fig. 2).
The system of ADX indicators (Figure 2).
On the last run, the fast line (the indicator for the period is white) and the slow line (indicator period 8 - blue) moved down.
Stochastic indicator (period 3/3/4) on the weekly chart gives a downward trend (Fig. 2).
The system of RSI indicators (Figure 2).
When working with the daily chart, the same periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).
The last closed daylight.
The calculation of the indicator RSI (5) yields down properties.
Calculation of the indicator RSI (8) yields down properties.
The bottom line: the RSI indicator system gives a downward trend.
theCCI on the properties gives a downward trend.
The bottom line: the CCI indicator system gives a downward trend.
In general: According to the indicator, the price on the weekly chart should have a downward trend.
Calculation of the first shadow of the week (Monday) on a weekly chart.
The middle lines of the EMA 1/5/8 are the upper signal.
The indicator "three lines" (the direction of the lines of indicators CCI (5), RSI (5), stochastics with a period of 3/3/4) - the upper signal.
Calculation of the RSI indicator system.
According to technical analysis, there will be an upward trend on the daily schedule.
Calculation of the second shadow of the week (Friday).
Calculation of the linear part of the MACD gave a downward trend (100 points down).
The calculation of the MACD histogram - gave a downward trend (100 points down).
The bottom line: the calculation of the last day of the week on technical analysis showed that there will be a lower trend on Friday.
Fig.
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - up;
- volumes - upwards;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - up;
- monthly chart - down.
Conclusion on complex analysis - up.
The total result of calculating the candle of the GBP / USD currency pair on a weekly chart: the price for the week is likely to have an upward trend with the absence of the first lower shadow of the weekly white candle and the presence of the second upper shadow. The goal is at 1.3212.
