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08.03.2019 10:53 AM
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).

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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).

Stefan Doll,
Analytical expert of InstaForex
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