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FX.co ★ Indicator analysis. Daily review for the EUR / USD currency pair for October 31, 2018

Indicator analysis. Daily review for the EUR / USD currency pair for October 31, 2018

Trend analysis (Fig. 1).

On Wednesday, the downward trend is expected to continue with the first goal, the lower fractal of 1.1337 and further down to the support line of 1.1269 (blue thin line).

Indicator analysis. Daily review for the EUR / USD currency pair for October 31, 2018

Fig. 1 (daily schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - down;

- Candlestick analysis is neutral;

- Trend analysis - down;

- Bollinger lines - down;

- Weekly chart - down.

General conclusion:

On Wednesday, the market will continue to move down, with the first goal, the lower fractal of 1.1337 and further down to the support line of 1.1269 (blue thin 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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