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FX.co ★ Indicator analysis. Daily review for March 8, 2019 for the EUR / USD pair

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Forex Analysis:::2019-03-08T08:53:53

Indicator analysis. Daily review for March 8, 2019 for the EUR / USD pair

Trend analysis (Fig. 1).

On Friday, the price, before the news, may make the upper movement. The first upper target 1.1235 is a pullback level of 23.6% (blue dashed line).

 Indicator analysis. Daily review for March 8, 2019 for the EUR / USD pair

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Friday, the price, before the news, may make the upper movement. The first upper target 1.1235 is a pullback level of 23.6% (blue dashed line).

Analyst InstaForex
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