EUR / USD pair
Trend analysis (Figure 1)
On Thursday, the market finally began to move up. And It is possible to move up on Friday. The complex analysis will more accurately determine the price direction.
Fig. 1 (daily chart).
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 down. In this case, the trend should be determined from the indicators of the oscillator type.
Stochastic indicator (period 3/3/4) on the daily chart shows an upward trend (Fig. 2).
The system of RSI indicators (Figure 2).
When working with the daily chart, the ones are the ones used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).
At the last days closed candle.
The calculation of the RSI indicator (5) on properties moves up.
Calculation of the RSI indicator (8) by properties moves up.
The bottom line: the RSI indicator system shows an upward trend.
The calculation of the CCI indicator on the properties moves down.
The bottom line: the CCI indicator system shows a downward trend.
The result of the indicator analysis shows the price will have an upward trend.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- volumes - upwards;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion.
On Friday, it is possible to move up with an initial goal of 1.1681.
GBP / USD Pair
Trend analysis (Figure 1).
On Thursday, the market moved up after another testing the support line. The upward movement would likely to continue on Friday. The complex analysis will more accurately determine the price direction.
Fig. 1 (daily chart).
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 down. In this case, the trend should be determined by oscillator type indicators.
Stochastic indicator (period 3/3/4) on the daily chart gives an upward trend (Fig. 2).
The system of RSI indicators (Figure 2).
When working with the daily chart, the ones are the ones used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).
At the last days closed candle.
The calculation of the RSI indicator (5) on the properties moves down.
Calculation of the RSI indicator (8) by properties moves down.
The bottom line: the RSI indicator system shows a downward trend.
The calculation of the CCI indicator on the properties moves up.
The bottom line: the CCI indicator system shows an upward trend.
The result of the indicator analysis shows the price will have an upward trend.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - neutral;
- volumes - upwards;
- candle analysis - neutral;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion.
On Friday, the GBP / USD pair could possibly move up with the first target of 1.3186.
* The presented market analysis is informative and does not constitute a guide to the transaction.
