logo

FX.co ★ Indicator analysis. The daily review of the currency pair EUR / USD for December 7, 2018

Indicator analysis. The daily review of the currency pair EUR / USD for December 7, 2018

Trend analysis (Fig. 1).

On Friday, it is possible to move up with the first goal and channel 1.1420, the upper fractal.

Indicator analysis. The daily review of the currency pair EUR / USD for December 7, 2018

Fig. 1 (daily schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - top;

- Candlestick analysis is neutral;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Fridays, upward movement with the first goal is possible and the channel of 1.1420 is the upper fractal, but much will depend on the news.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account