On Wednesday, the following strong calendar news comes out:
- 12.15 London time USD, change in the number of non-agricultural workers from ADP (Aug); The expected value is 185K compared to the previous value of 178K;
- 12.30 London time USD, GDP (q / q) (2 sq.);The expected value is 2.7% compared to the previous value of 2.6;
- 14.30 London time, USD, stocks of crude oil; The expected value is -1.908M compared to the previous value is -3.327M.
EUR / USD pair
Trend analysis (Figure 1).
On Tuesday, the price moved in the side channel due to the news.
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) moved upward.
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 for the linear part of the MACD indicator is an upward trend.
Histogram of the MACD indicator.
Histogram - columns of black color.
The result of the histogram of the MACD indicator is an upward trend.
The grand total: the MACD indicator on the daily chart gives an upward trend.
Middle lines of the EMA.
On the daily chart, the following average lines are used.
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 up which is above the 13th EMA midline (yellow) that signals the top movement.
21 the middle EMA line moved up which is below the 13th EMA midline that amplifies the signals of the top movement.
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% up;
The MACD indicator (histogram) is 38% higher.
The result of the indicator analysis: the price will have an upward trend.
Fig.
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- volumes - down;
- candle analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion.
On Wednesday, the EUR / USD pair will most likely move down until 12.15 London time with the target of 1.1917, but a strong news can influence this pair for adjustments.
Pair GBP / USD
Trend analysis (Figure 1).
On Tuesday, the price moved in the side channel due to the news.
Fig.
Indicator analysis on the daily schedule (Figure 2).
The system of indicators ADX (Figure 2).
On the last run, the fast line (indicator 5 - white) moved upwards, 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 following periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).
At the last day's closed candle.
Calculation of the indicator RSI (5) yields down properties.
Calculation of the indicator RSI (8) yields down properties.
The bottom line: the RSI indicator system gives a downward trend.
The calculation of the indicator CCI on the properties gives a downward trend.
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.
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candle analysis - neutral;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion.
On Wednesday, the pair GBP / USD may move downward, but much will depend on the strong news that comes out at 12.15 London time.