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FX.co ★ Weekly review for the EUR / USD pair from January 7 to January 12, 2018.

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Forex Analysis:::2019-01-07T07:12:52

Weekly review for the EUR / USD pair from January 7 to January 12, 2018.

Trend analysis (Fig. 1).

When moving up, the first upper target is 1.1468 - 21 average EMA (black thin line).

Weekly review for the EUR / USD pair from January 7 to January 12, 2018.

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - up;

- Candlestick analysis is neutral;

- Trend analysis is neutral;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion of the complex analysis - upward movement.

The total result of the calculation of the EUR / USD currency pair candle on the weekly schedule: the price for weeks is more likely to have an upward trend with the presence of the first lower shadow of the weekly white candle (Monday - down) and the absence of the second upper shadow (Friday - up).

When moving up, the first upper target is 1.1468 - 21 average EMA (black thin line).

Analyst InstaForex
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