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FX.co ★ Indicator analysis. Daily review of EUR / USD pair on October 29, 2018

Indicator analysis. Daily review of EUR / USD pair on October 29, 2018

Trend analysis (Fig. 1).

On Monday, the downward trend is expected to continue with the first goal at the support line of 1.1274 (orange thick line).

Indicator analysis. Daily review of EUR / USD pair on October 29, 2018

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - down;

- candlestick analysis is neutral;

- trend analysis - down;

- Bollinger lines - down;

- weekly chart - down.

General conclusion:

On Monday, the downward trend is expected to continue with the first goal at the support line of 1.1274 (thick orange line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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