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FX.co ★ Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for January 25, 2018.

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Forex Analysis:::2018-01-25T06:23:44

Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for January 25, 2018.

EUR / USD pair.

Trend analysis (Figure 1).

On Wednesday, the price moved up. On Thursday, the market may continue to move up to the first target of 161.8% 1.2424. And then, much will depend on the strong news and reaction to the market. The complex analysis will more accurately tell where the price will go.

Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for January 25, 2018.

Fig. 1 (daily chart).

Indicator analysis on the daily 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 up. In this case, the trend should be determined by trend type indicators.

Indicator MACD (period 5/8/13).

The linear part of the MACD indicator.

The fast line (signal) is the white line.

The slow line (main line) is the blue line.

The result for the linear part 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.

The overall result: The MACD indicator on the daily chart gives a downward trend.

The middle lines of the EMA.

The daily chart uses the following midlines.

1 middle line of the EMA - the color is white (first shadow).

5 middle line of the EMA - the color is red (the first shadow).

8 middle line of the EMA - the color is blue (the first shadow and trend).

13 middle line of the EMA - the color is yellow (trend).

21 middle line of the EMA - the color is brown (trend).

At the last run, the 8 middle line of the EMA (blue) moved up and above the 13 middle line of the EMA (yellow) is the signal of the top work.

The 21 middle line of the EMA is moving upwards and below the 13 middle line of the EMA, amplifies the signals of the top work.

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) is 38% down,

The MACD indicator (histogram) is 38% down.

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

Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for January 25, 2018.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- Volumes - upwards;

- Candle analysis - down;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion.

On Thursday, most likely, the market will move up, with the first target of 1.2424 (161.8%, the red dotted line, and then much will depend on the strong news and reaction to the market.)

GBP / USD pair

On Wednesday, the price overcame the next target, the resistance line of 1.4057 and then rushed up. The market on Thursday may continue to move up, but much will depend on the news. The complex analysis will more accurately tell where the price will go.

Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for January 25, 2018.

Fig. 1 (daily chart).

Indicator analysis on the daily 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 up. In this case, the trend should be determined by trend type indicators.

Indicator MACD (period 5/8/13).

The linear part of the MACD indicator.

The fast line (signal) is the white line.

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 MASD indicator on the daily chart gives an upward trend.

The middle lines of the EMA.

The daily chart uses the following midlines.

1 middle line of the EMA - the color is white (first shadow).

5 middle line of the EMA - the color is red (the first shadow).

8 middle line of the EMA - the color is blue (the first shadow and trend).

13 middle line of the EMA - the color is yellow (trend).

21 middle line of the EMA - the color is brown (trend).

At the last run, the 8 middle line of the EMA (blue) moved up and above the 13 middle line of the EMA (yellow) is the signal of the top work.

The 21 middle line of the EMA is moving upwards and below the 13 middle line of the EMA, amplifies the signals of the top work.

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) is 38% up,

The MACD indicator (histogram) is 38% up.

The result of the indicator analysis: The price will have an upward trend.

Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for January 25, 2018.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - upwards;

- Candle analysis - down;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - up.

Overall conclusion:

On Thursday, the GBP / USD pair will move up, but much will depend on the news.

Analyst InstaForex
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