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FX.co ★ Technical analysis for the EUR/USD currency pair for the week from September 9 to 14, 2019

Technical analysis for the EUR/USD currency pair for the week from September 9 to 14, 2019

Trend analysis.

This week, the price will try moving down again to overcome the price level of 161.8% - 1.0919 (yellow dotted line).

Technical analysis for the EUR/USD currency pair for the week from September 9 to 14, 2019

Fig. 1 (weekly schedule).

Comprehensive analysis:

- Indicator analysis – down;

- Fibonacci levels – down;

- Volumes – up;

- Candlestick analysis – neutral;

- Trend analysis – down;

- Bollinger Bands – up;

- Monthly chart – up.

The conclusion of the comprehensive analysis is a downward movement.

The overall result of calculating the candle of the EUR / USD currency pair according to the weekly chart: the price of the week is likely to have a downward trend with the absence of the first upper shadow of the weekly black candlestick (Monday – down) and the absence of the second lower shadow (Friday – down).

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