FX.co ★ Indicator analysis. Daily review on EUR/USD for April 15, 2020

Trend analysis (Fig. 1).

Today, the pair may remain on trading upwards from the level of 1.0983 which is the closing of yesterday's candle. Its target is set at 1.1002, a 61.8% retracement presented in a red dashed line. If this level is broken upward, the price will continue to move upward with the target of 1.1059, a 76.4% retracement presented in a red dashed line.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - down;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - up.

General conclusion:

Today, the price will continue trading upward with the target at 1.1059, a 76.4% retracement presented in a red dashed line.

An unlikely scenario is a bearish move from the level of 1.1002, a 61.8% retracement (presented in a red dashed line) with a target at 1.0893 - a 50.0% retracement level presented in a blue dashed line.