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Forex Analysis & Reviews: Indicator analysis. Daily review on September 4, 2019 for the EUR / USD currency pair
time 04.09.2019 08:45 AM
time Relevance up to, 01.01.1970 03:00 AM

Long-term review0

Trend analysis (Fig. 1).

On Wednesday, the continuation of the upward movement with the target of 1.1004 is possible - a pullback level of 23.6% (yellow dashed line).

This image is no longer relevant

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, the upward movement will continue.

An unlikely scenario is a downward movement, with the first target of 1.0927 - a lower fractal.

Stefan Doll,
Analytical expert of InstaForex
© 2007-2022
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