FX.co ★ Indicator analysis. The daily review of the EUR / USD currency pair as of September 3, 2018

On Friday, the price was never able to overcome the resistance line of the descending channel (red bold line), went down, almost reaching 21 average EMA - 1.1591 (black thin line). Today, the market can move upwards, having repulsed from 21 average EMA. The first target when moving upwards is the resistance line (red bold line) - 1.1688.

Trend analysis (Figure 1).

On Monday, the price may start moving up with the first target resistance line - 1.1688. In the US, the output, the market after 12.00 Moscow time will be narrow.

Fig. 1 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - upwards;

- Candle analysis - neutral;

- Trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Monday, the market is expected to move up with the first target resistance line - 1.1688.