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FX.co ★ Indicator analysis. Daily review of EUR / USD and GBP / USD pairs for September 5, 2017

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Forex Analysis:::2017-09-05T06:28:54

Indicator analysis. Daily review of EUR / USD and GBP / USD pairs for September 5, 2017

EUR / USD pair

Trend analysis (Figure 1).

On Monday, the price moved upward in the narrow market which is due to the technical analysis.

Indicator analysis. Daily review of EUR / USD and GBP / USD pairs for September 5, 2017

Fig.

Indicator analysis on the daily schedule (Figure 2).

The system of ADX indicator (Figure 2).

On the last run, the fast line (indicator period 5 - white) and the slow line (indicator period 8 - blue) moved down.

Stochastic indicator (period 3/3/4) on the daily chart gives a downward trend (Fig. 2).

The system of RSI indicators (Figure 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).

The last closed daylight.

The calculation of the RSI indicator (5) of the properties gives a downward trend.

Calculation of the RSI indicator (8) of the properties yields down.

The bottom line: the RSI indicator system gives a downward trend.

The calculation of the indicator CCI on the properties gives a downward trend.

The bottom line: the CCI indicator system gives a downward trend.

The result of the indicator analysis: the price will have a downward trend.

Indicator analysis. Daily review of EUR / USD and GBP / USD pairs for September 5, 2017

Fig.

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - neutral;

- candle analysis - neutral;

- trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion.

On Tuesday, most likely, for the EUR / USD pair will most likely move in the upper region with the target of 1.1980.

GBP / USD pair

Trend analysis (Figure 1).

On Monday, the price moved down in the narrow market, but this is more due to news, rather than technical analysis.

Indicator analysis. Daily review of EUR / USD and GBP / USD pairs for September 5, 2017

Fig.

Indicator analysis on the daily schedule (Figure 2).

The system of indicators ADX (Figure 2).

On the last run, the fast line (indicator period 5 - white) and the slow line (indicator period 8 - blue) moved down.

Stochastic indicator (period 3/3/4) on the daily chart gives a downward trend (Fig. 2).

The system of indicators RSI (Figure 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).

The last closed daylight.

The calculation of the indicator RSI (5) of the properties gives down.

Calculation of the indicator RSI (8) of the properties yields down.

The bottom line: the RSI indicator system gives a downward trend.

The calculation of the indicator CCI on the properties gives a downward trend.

The bottom line: the CCI indicator system gives a downward trend.

The result of the indicator analysis: the price will have a downward trend.

Indicator analysis. Daily review of EUR / USD and GBP / USD pairs for September 5, 2017

Fig.

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- volumes - upwards;

- candle analysis - neutral;

- trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion.

On Tuesday, the GBP / USD may move up pair.

Analyst InstaForex
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