Facebook
 
 

04.08.202009:14 Recenzii analitice Forex: Indicator analysis. Daily review on GBP / USD for August 4, 2020

Trend analysis (Fig. 1).

The market may begin to move downward from the level of 1.3077 (closing of yesterday's daily candle) with the target of 1.3037 - a 14.6% pullback level (red dotted line). From this level, the downward trend may continue with the next target of 1.2953 - a 23.6% pullback level (red dotted line).

Exchange Rates 04.08.2020 analysis

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis - down;

- Trend analysis - down;

- Bollinger lines - down;

- Weekly chart - down.

General conclusion:

Today the price may begin to move downward from the level of 1.3077 (closing of yesterday's daily candle) with the target of 1.3037 - a 14.6% pullback level (red dotted line). From this level, the downward trend may continue with the next target of 1.2953 - a 23.6% pullback level (red dotted line).

Another possible scenario is upon reaching the level of 1.3077 (closing of yesterday's daily candle) the upward movement may continue with the next target of 1.3161 - a 161.8% target level (blue dotted line).

*Analiza de piață publicată aici este menită să vă sporească conștientizarea, nu pentru a oferi instrucțiuni pentru a efectua un schimb.

Stefan Doll,
Expert Specializat
Grup InstaForex © 2007-2021
Beneficiați de recomandările analiștilor chiar acum
Cont de tranzacționare top-up
Deschideți un cont de tranzacționare

Recenziile analitice InstaForex vă vor face pe deplin conștient de tendințele pieței! Fiind client InstaForex, vi se oferă un număr mare de servicii gratuite pentru tranzacționare eficientă.

Nu puteti sa vorbiti acum?
Puneti intrebare in chat.