Indicator analysis: EUR/USD daily review on April 22, 2022

Trend analysis (Fig. 1)

EUR/USD may attempt to move up this Friday, from the closing of yesterday's daily candle at 1.0831 to the 23.6% retracement level at 1.0857 (red dotted line). After that it will go to the 38.2% retracement level at 1.0920 (red dotted line).

Fig. 1 (daily chart)

Comprehensive analysis:

Indicator analysis - uptrend

Fibonacci levels -uptrend

Volumes - uptrend

Candlestick analysis - uptrend

Trend analysis - uptrend

Bollinger bands - uptrend

Weekly chart - uptrend

Conclusion: EUR/USD will rise from 1.0831 (closing of yesterday's daily candle) to 1.0857, which is the 23.6% retracement level (red dotted line). Then, it will move to 1.0920, the 38.2% retracement level (red dotted line).

Alternatively, the pair could go up from 1.0831 (closing of yesterday's daily candle) to the 23.6% retracement level at 1.0857 (red dotted line), then fall down to the support line at 1.0816 (blue thick line).