EUR / USD pair
Trend analysis (Figure 1).
On Wednesday, the price rose and reached the Fibonacci retracement level of 61.8% - 1.1724 (the blue dotted line).
Fig.
Indicator analysis on the daily chart (Figure 2).
The system of indicators ADX (Figure 2).
On the last run, the fast line (indicator period 5 - white) and the slow line (indicator period 8 - blue).
Indicator MACD (period 5/8/13).
The linear part of the MACD indicator.
Fast line (signal) - a line of white color.
The slow line (main line) is the blue colored line.
The result 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.
1 middle EMA line - the color is white (first shadow).
5 the middle line of the EMA - the color is red (the first shadow).
8 middle EMA line - the color is blue (the first shadow and trend).
13 the middle line of the EMA - the color is yellow (trend).
21 middle EMA line - the color is brown (trend).
In the last run, the 8 middle EMA line (blue) moved up which is above the 13th EMA midline (yellow) as the signal of the top trend.
21 the middle EMA line moved up but below the 13th EMA midline.
The bottom line: the EMA middle line system on the daily chart gives an upward trend.
The probability distribution of the indicators is as follows:
The average EMA lines are up 24%;
Indicator of the MACD (linear part) - 38% down;
Indicator of the MACD (histogram) - 38% down.
The result of the indicator analysis: the price will have a downward trend.
Fig.
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candle analysis - down;
- trend analysis - down;
- Bollinger lines - down;
- Weekly schedule - down.
General conclusion.
On Thursday, the EUR / USD pair will most likely pullback.
GBP / USD pair
Trend analysis (Figure 1).
On Wednesday, the price moved up.
Fig.
Indicator analysis on the daily schedule (Figure 2).
The system of indicators ADX (Figure 2).
On the last run, the fast line (indicator period 5 - white) and the slow line (indicator period 8 - blue).
Indicator MACD (period 5/8/13).
The linear part of the MACD indicator.
Fast line (signal) - a line of white color.
The slow line (main line) is the blue line.
The result 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.
1 middle EMA line - color white (first shadow).
5 the middle line of the EMA - the color is red (the first shadow).
8 middle EMA line - the color is blue (the first shadow and trend).
13 the middle line of the EMA - the color is yellow (trend).
21 middle EMA line - the color is brown (trend).
At the last run, the 8 middle EMA line (blue) moved up, is above the 13th EMA midline (yellow) - the signal of the top trend.
21 the middle EMA line moved up which is below the 13th EMA midline. This amplifyies the signals of the top trend.
The bottom line: the EMA middle line system on the daily chart gives an upward trend.
The probability distribution of the indicators is as follows:
The average EMA lines are up 24%;
Indicator of the MACD (linear part) - 38% down;
The MACD indicator (histogram) is 38% down.
The result of the indicator analysis: the price will have a downward trend.
Fig.
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - up;
- volumes - upwards;
- candle analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion.
On Thursday, the GBP / USD pair will have an upward trend with 1.3213 (white dotted line).
