FX.co ★ Indicator analysis. Daily review of the currency pairs EUR / USD and GBP / USD for August 22, 2017

EUR / USD pair

Trend analysis (Figure 1).

On Monday, the price, contrary to the forecast, was moving up. On Tuesday, there should be a lower movement every week, but much will depend on the news. According to the technique, bears will try to develop an offensive downward. The complex analysis will more accurately tell where the price will go.

Fig. 1 (daily chart).

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. 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 indicator RSI (5) by properties yields down.

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

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

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

The bottom line: The CCI indicator system gives an upward 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 - neutral;

- Volumes - down;

- Candle analysis - neutral;

- Trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - down.

General conclusion.

On Tuesday, most likely, the pair EUR / USD will have a downward movement with the first target of 1.1681.

GBP / USD pair

Trend analysis (Figure 1).

On Monday, the price moved up in the side channel. On Tuesday, most likely, there will be a lower movement. The complex analysis will more accurately tell where the price will go.

Fig. 1 (daily chart).

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) was moving down, and the slow line (indicator period 8 - blue) was moving upwards. 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 an upward 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 indicator RSI (5) by properties yields down.

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

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

The calculation of the indicator CCI 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 - down;

- Candle analysis - neutral;

- Trend analysis - down;

- Bollinger lines - down;

- Weekly schedule - down.

General conclusion.

On Tuesday, the pair GBP / USD will have a downward trend with the first target of 1.2776.