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FX.co ★ Indicator analysis. The daily review of the currency pair EUR / USD on February 5, 2019

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Forex Analysis:::2019-02-05T07:13:47

Indicator analysis. The daily review of the currency pair EUR / USD on February 5, 2019

Trend analysis (Fig. 1).

On Tuesday, the price will continue to move down. The first lower target of 1.1429 is the recoiling level of 38.2% (blue dashed line). Then the top is possible.

Indicator analysis. The daily review of the currency pair EUR / USD on February 5, 2019

Fig. 1 (daily schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - down;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Tuesday, the price will continue to move down. The first lower target of 1.1429 is the recoiling level of 38.2% (blue dashed line). Then the top is possible.

Analyst InstaForex
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