Indicator analysis. Daily review for August 11, 2017 for pairs EUR/USD and GBP/USD

EUR / USD pair

Trend analysis (Figure 1).

On Thursday, the price moved in the side channel.

Fig.

Indicator analysis on the daily schedule (Figure 2).

On the last run, the fast line (indicator 5 - white) and the slow line (indicator period 8 - blue) moved down.

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 ones are the ones used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).

At the last day's close candle.

RSI (5) on properties lead downwards.

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

The bottom line: the RSI indicator system.

CCI on the properties lead downwards.

The bottom line: the CCI indicator system.

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

Fig.

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candle analysis - neutral;

- trend analysis - down;

- Bollinger lines - down;

- Weekly schedule - down.

General conclusion.

GBP / USD Pair

Trend analysis (Figure 1).

On Thursday, the price moved down to the side channel.

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).

MACD Indicator (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.

MACD Histogram indicator.

Histogram - columns of black color.

The result of the MACD histogram indicator is a downward trend.

Overall: the MACD indicator on the daily chart.

Middle lines of the EMA.

On the daily chart.

1 middle EMA line - white color (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 8, the middle EMA line (blue) moved down which is below the 13th EMA midline (yellow) - the signal of the bottom work.

21 the middle EMA line is moving down which is below the 13th EMA midline.

The bottom line: the EMA middle line system on the daily chart gives a downward trend.

The probability distribution of the indicators is as follows:

The average EMA lines are 24% down;

MACD indicator (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. 2 (daily chart).

Complex analysis:

- indicator analysis - down;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- Weekly schedule - down.

General conclusion.

On Friday, the GBP/USD pair will trail the downward trend towards the level of 1.2940.