empty
 
 
09.07.2020 09:05 AM
Indicator analysis. Daily review on GBP / USD for July 9, 2020

Trend analysis (Fig. 1).

Today, the upward trend may continue from the level of 1.2611 (closing of yesterday's candle) with a target of 1.2681 - a 76.4% pullback level (blue dotted line). In case of breaking this level, the next target will be 1.2731 - an 85.4% pullback level (blue dashed line).

This image is no longer relevant

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

Today, the price may continue to move upward with a target of 1.2681 - a 76.4% pullback level (blue dotted line). In case of breaking this level, the next target is 1.2731 - an 85.4% pullback level (blue dashed line).

Another possible scenario is a downward trend from 1.2681 - a 76.4% pullback level (red dashed line) with a target of 1.2617 - a 14.6% pullback level (red dashed line).

Stefan Doll,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback