EUR / USD pair
Trend analysis (Figure 1)
On Friday, the market rallied up and failed to reach the upper recoil level of 1.1966. On Monday, it is possible to move up with its initial target at 1.1966. 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 up. In this case, the trend should be determined by trend type indicators.
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 MACD indicator on the daily chart shows an upward trend.
Middle lines of the EMA.
The daily chart uses the following midlines.
1 middle EMA line - color white (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 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, positioned above the 13th EMA midline (yellow) - the signal of the top work.
21, the middle EMA line, moving upwards, which is below the 13th EMA midline, strengthening the signals of the top work.
The bottom line shows the EMA middle line system on the daily chart is moving in an upward trend.
The probability distribution of the indicators are as follows:
the average EMA lines are 24% up;
MACD indicator (linear part) - 38% up;
the MACD indicator (histogram) is 38% higher.
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 - down;
- candle analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - down.
General conclusion.
On Monday, it is possible to move higher towards the initial target at 1.966
GBP / USD Pair
Trend analysis (Figure 1)
On Friday, the market moved upwards near on top of the resistance level. On Monday, it is possible to continue moving upwards (the price figure is a double base). 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 up. In this case, the trend should be determined by trend type indicators.
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 MACD indicator on the daily chart shows an upward trend.
Middle lines of the EMA.
The daily chart uses the following midlines.
1 middle EMA line - color white (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 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, positioned above the 13th EMA midline (yellow) - the signal of the top work.
21, the middle EMA line, moving upwards, which is below the 13th EMA midline, strengthening the signals of the top work.
The bottom line shows the EMA middle line system on the daily chart is moving in an upward trend.
The probability distribution of the indicators are as follows:
the average EMA lines are 24% down;
MACD indicator (linear part) - 38% up;
the MACD indicator (histogram) is 38% higher.
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 - down;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion:
On Monday, the pair GBP / USD is possible to move up towards the initial target at 1.3415.
* The presented market analysis is informative and does not constitute a guide to the transaction.
