Pair EUR / USD
Trend analysis (Figure 1).
The past week had a downward trend. The price re-tested the resistance line but closed lower. Next week, it's possible to continue moving down. Where the price will go, more precisely, the complex analysis will show.
Fig. 1 (weekly chart).
Indicator analysis on the weekly schedule (Figure 2).
The system of indicators ADX (Figure 2).
On the last run, the fast line (indicator 5 - white) and the slow line (indicator period 8 - blue) moved down. In this case, the trend should be determined from the indicators of the oscillator type.
The stochastic indicator (period 3/3/4) on the weekly chart gives an upward 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).
Closed candle on the last.
The calculation of the indicator RSI (5) on properties gives up.
The calculation of the indicator RSI (8) by properties gives up.
The bottom line: The RSI indicator system gives an upward trend.
The calculation of the indicator CCI on the properties gives up.
The bottom line: The CCI indicator system gives an upward trend.
The overall result according to the indicator analysis: The price on the weekly chart should have an upward trend.
The calculation of the first shadow of the week (Monday) on the weekly chart.
Middle lines EMA 1/5/8 - 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) is a neutral signal.
The calculation of the RSI indicator system for the first tail is the upper signal.
The bottom line: The calculation of the weekly candle from October 23 to October 28, according to the indicator analysis, showed that the price movement on Monday should be ascending but the final answer depends entirely on the daily chart.
The calculation of the second shadow of the week (Friday).
The calculation for the MACD linear part 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 on Friday the price may have a downward trend, which should be confirmed by the daily chart.
Fig. 2 (weekly chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - neutral;
- Volumes - down;
- Candle analysis - neutral;
- Trend analysis - down;
- Bollinger lines - down;
- Monthly chart - down.
Conclusion on complex analysis - down.
The total result of the calculation of the candle currency pair EUR / USD on the weekly chart: The price of the week is likely to have a downward trend with the presence of the first upper shadow of the weekly black candle and the absence of the second lower shadow. The goal is 1.1670.
Pair GBP / USD Trend analysis (Figure 1).
Last week, the news had a downward trend. The price reached the support line of 1.3087 (white thick line). Next week, most likely, there will be an upward trend. How much the probability of this scenario is likely will be shown by a comprehensive analysis.
Fig. 1 (weekly chart).
Indicator analysis on the weekly schedule (Figure 2).
The system of indicators ADX (Figure 2).
On the last run, the fast line (indicator 5 - white) and the slow line (indicator period 8 - blue) moved down. In this case, the trend should be determined from the indicators of the oscillator type.
The stochastic indicator (period 3/3/4) on the weekly 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).
Closed candle on the last.
The calculation of the indicator RSI (5) on properties gives up.
The calculation of the indicator RSI (8) by properties gives up.
The bottom line: The RSI indicator system gives an upward trend.
The calculation of the indicator CCI on the properties gives up.
The bottom line: The CCI indicator system gives an upward trend.
The overall result according to the indicator analysis: The price on the weekly chart should have an upward trend.
The calculation of the first shadow of the week (Monday) on a weekly chart.
The middle lines of the EMA 1/5/8 are the lower 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.
The calculation of the RSI indicator system for the first tail is the upper signal.
The bottom line: The calculation of a weekly candle from October 23 to 28 for technical analysis showed that there will be a lower trend on Monday but the price movement will determine the daily schedule.
The calculation of the second shadow of the week (Friday).
The calculation for the MACD linear part 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 on Friday, there will be a lower trend but the price movement will determine the daily schedule.
Fig. 2 (weekly chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - neutral;
- Volumes - upwards;
- Candlestick analysis - up;
- Trend analysis - up;
- Bollinger lines - up;
- Monthly graph - up.
Conclusion on the complex analysis is an upward movement.
The total result of the GBP / USD currency pair candlestick calculation according to the 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 first target is 1.3336.
