EUR / USD pair
Trend analysis (Figure 1).
On Wednesday, the price moved in the side channel. On Thursday, most likely, the downward movement will continue. The complex analysis will more accurately tell where the price will go.
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) moved upwards, and the slow line (indicator period 8 - blue) moved down. In this case, the trend should be determined from the indicators of the oscillator type.
The stochastic indicator (period 3/3/4) on the daily chart gives a downward trend (Fig. 2).
The system of RSI indicators (Fig. 2).
When working with the daily chart, the following periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).
Closed candle at the last day.
The calculation of the RSI indicator (5) by properties yields down.
The calculation of the RSI indicator (8) by properties yields down.
The bottom line: The RSI indicator system gives a downward trend.
The calculation of the CCI indicator on the properties gives down.
The bottom line: The CCI indicator system gives a downward trend.
The result of the indicator analysis: The price will have a downward trend.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- Volumes - down;
- Candle analysis - neutral;
- Trend analysis - down;
- Bollinger lines - down;
- Weekly schedule - down.
General conclusion.
On Thursday, most likely, for the pair EUR / USD will have a downward movement with the first target of 1.1670.
GBP / USD pair
Trend analysis (Figure 1).
On Wednesday, the price of the news moved up, in the side channel. On Thursday, the market will try to go down with a target of 1.2940. The complex analysis will more accurately tell where the price will go.
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 period 5 - white) and the slow line (indicator period 8 - blue) moved upward. 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.
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.
Overall: The MACD indicator on the daily chart gives a downward trend.
Middle lines of the EMA.
On the daily chart, the following average lines are used.
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 down and below the 13 middle line of the EMA (yellow) is the signal of the bottom work.
At the last run, the 8 middle line of the EMA (blue) moved down and crossed the 13 middle line of the EMA (yellow) is the signal of the bottom work.
The 21 middle line of the EMA is moving down and below the 13 middle line of the EMA is weakening the signals of the bottom work.
The bottom line: The EMA middle line system on the daily chart gives a downward trend.
The probability distribution of the indicators is as follows:
The average EMA lines are 24% down;
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.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - up;
- Volumes - down;
- Candlestick analysis - up;
- Trend analysis - down;
- Bollinger lines - down;
- Weekly schedule - down.
General conclusion.
On Wednesday, the pair GBP / USD will have an upward trend, to 1.3040.
