Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for August 8, 2017

EUR / USD pair

Trend analysis (Figure 1).

On Monday, the price of fixing short positions went up. On Tuesday, most likely, the upward movement will continue. The complex analysis will more accurately tell where the price will go.

Fig. 1 (daily chart).

Indicator analysis on the daily chart (Figure 2).

The system of ADX indicators (Figure 2).

On the last run, the fast line (indicator 5 - white) and the slow line (indicator period 8 - blue) moved down. In this case, the trend should be determined from the indicators of the oscillator type.

The stochastic indicator (period 3/3/4) on the daily chart gives a downward trend (Fig. 2).

The system of RSI indicators (Fig. 2).

When working with the daily chart, the following periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).

Closed candle at the last day.

The calculation of the RSI indicator (5) by properties yields down.

The calculation of the RSI indicator (8) by properties yields down.

The bottom line: The RSI indicator system gives a downward trend.

The calculation of the CCI indicator on the properties gives down.

The bottom line: The CCI indicator system gives a downward trend.

The result of the indicator analysis: The price will have a downward trend.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- Volumes - upwards;

- Candle analysis - neutral;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - down.

General conclusion.

On Tuesday, most likely, the pair EUR / USD will have a downward movement with the first target of 1.1740.

GBP / USD pair

Trend analysis (Figure 1).

On Monday, the price moved in the side channel (bears recorded profit). On Tuesday, the market will try to go up with a target of 1.3100. The complex analysis will more accurately tell where the price will go.

Fig. 1 (daily chart).

Indicator analysis on the daily chart (Figure 2).

The system of ADX indicators (Figure 2).

On the last run, the fast line (indicator 5 - white) moved upwards, and the slow line (indicator period 8 - blue) moved down. In this case, the trend should be determined from the indicators of the oscillator type.

The stochastic indicator (period 3/3/4) on the daily chart gives a downward trend (Fig. 2).

The system of RSI indicators (Fig. 2).

When working with the daily chart, the following periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).

Closed candle at the last day.

The calculation of the RSI indicator (5) by properties yields down.

The calculation of the RSI indicator (8) by properties yields down.

The bottom line: The RSI indicator system gives a downward trend.

The calculation of the CCI indicator on the properties gives down.

The bottom line: The CCI indicator system gives a downward trend.

The result of the indicator analysis: The price will have a downward trend.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - upwards;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion.

On Tuesday, the pair GBP / USD will have an upward trend, to the level of 1.3100.