On Thursday, the following strong calendar news comes out:
- 11.45 London time. EUR, the deposit rate; The expected value is -0.40% compared to the previous value of -0.40%;
- 11.45 London time. EUR, interest rate decision (September). The expected value will not change with 0.00%, similar to the previous value of 0.00%;
- 12.30 London time. EUR, ECB press conference;
- 15.00 London time. USD, crude oil reserves, The expected value is 4.022M compared to the previous value -5.392M.
EUR / USD pair
Trend analysis (Figure 1).
On Wednesday, the price moved in the side of the channel.
Fig.
Indicator analysis on the daily schedule (Figure 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 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, the MACD indicator on the daily chart gives a downward trend.
Middle lines of the EMA.
The daily chart uses the following midlines.
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 (the first shadow and the trend).
13 the middle line of the EMA - the color is yellow (trend).
21 middle EMA line - the color is brown (trend).
At the last run 8, the middle EMA (blue) is moving up that is above the 13th EMA midline (yellow) which signals the top trend
21, the middle EMA line, moved up that is below the 13th EMA midline which amplifies the signals of the upper channel.
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) down by 38%;
the MACD indicator (histogram) is 38% down.
The result of the indicator analysis: the price will have a downward trend.
Fig.
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - up;
- volumes - upwards;
- candle analysis - neutral;
- trend analysis - up;
- Bollinger lines - up;
- Weekly schedule - up.
General conclusion.
Before the news comes out on Thursday at 8.45 London time, the EUR / USD will most likely move in the upper region and then we'll see the next move.
GBP / USD pair
Trend analysis (Figure 1).
On Wednesday, the price went upward, reaching the Fibonacci retracement level of 61.8% to 1.3078 (the yellow dotted line) then a pullback occurred. in the upper channel happened just before the news at 11.14 London time. A c
Fig.
Indicator analysis on the daily schedule (Figure 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 an upward trend.
Histogram of the MACD indicator.
Histogram - columns of black color.
The result of the histogram of the MACD indicator is an upward trend.
Overall, the indicator of the MACD on the daily chart gives an upward trend.
Middle lines of the EMA.
The daily chart uses the following midlines.
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 (the first shadow and the trend).
13 the middle line of the EMA - the color is yellow (trend).
21 middle EMA line - the color is brown (trend).
At the last run 8, the middle EMA line (blue) moved up that is above the 13th EMA midline (yellow) which signals the top trend
21, the middle EMA line moved up which is above the 13th EMA midline, weakening the signals of the upper channel.
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) up by 38%;
the MACD indicator (histogram) is 38% higher.
The result of the indicator analysis: the price will have an upward trend.
Fig.
Complex analysis:
- indicator analysis - up;
- Fibonacci levels - down;
- volumes - down;
- candle analysis - neutral;
- trend analysis - up;
- Bollinger lines - up;
- Weekly schedule - up.
General conclusion.
Before the news on Thursday at 11.45 London time, the GBP / USD pair might move up.
