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FX.co ★ Indicator analysis. Daily review for January 3, 2019 for the EUR / USD pair

Indicator analysis. Daily review for January 3, 2019 for the EUR / USD pair

On Thursday, rather by inertia, the price moved down and reached the historical support level of 1.1307 (blue dashed line). Breaking this level from the first time is unlikely, which means the price will move upwards, into a rollback, with the first target 1.1382 - a rolling level of 38.2% (yellow dotted line).

 Indicator analysis. Daily review for January 3, 2019 for the EUR / USD pair

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Thursday, the price will move up going into a pullback, with the first target of 1.1382 - a rolling level of 38.2% (yellow dashed line). From this level, it is possible to resume downward movement.

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