FX.co ★ Indicator analysis. Daily review for EUR / USD and GBP / USD pairs on August 7, 2017

EUR / USD pair

Trend analysis (Figure 1).

On Friday, the price moved down. On Monday, it is possible to move up. A complex analysis will more accurately determine where the price will go next.

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) 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).

A closed candle was seen in the last day.

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 CCI indicator 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 - up;

- volumes - upwards;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - up.

General conclusion.

On Monday, the EUR / USD pair will most likely move upward with the first target at 1.1835.

GBP / USD PAIR

Trend analysis (Figure 1).

On Friday, the price went down. On Monday, there will most likely be a backward movement directed upwards. Complex analysis will more accurately determine where the price will go next.

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) 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).

A closed candle was seen in the last day.

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 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.

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- volumes - upwards;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion.

On Monday, the upward trend of the GBP / USD pair will continue with the target of 1.3035.