FX.co ★ Indicator analysis. Daily review of the EUR / USD currency pair for March 5, 2018

Trend analysis (Figure 1)

On Friday, the market moved up, having fulfilled the recession level of 38.2%, 1.2309 (blue dotted line). On Monday, the market may move up. The complex analysis will more accurately tell where the price will go.

Fig. 1 (daily chart).

Indicator analysis on the daily schedule (Figure 2).

The system of indicators ADX (Figure 2).

On the last run, the fast line (indicator 5 - white) and the slow line (indicator period 8 - blue) moved down. In this case, the trend should be determined from the indicators of the oscillator type.

The stochastic indicator (period 3/3/4) on the daily chart gives an upward trend (Fig. 2).

The system of indicators RSI (Figure 2).

When working with the daily chart, the following periods are used in the RSI indicator system: 21 (brown), 8 (blue), 13 (yellow), 5 (red).

On the last closed candle.

The calculation of the indicator RSI (5) on properties gives up.

The calculation of the indicator RSI (8) by properties gives up.

Overall result: The system of indicators RSI gives an upward trend.

The calculation of the indicator CCI on the properties gives up.

The bottom line: The CCI indicator system gives an upward trend.

The result of the indicator analysis: The price will have an upward trend.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - upwards;

- Candle analysis - neutral;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - down.

General conclusion.

On Monday, most likely, the market will move up, with the first target of 1.2356, a pullback level of 50.0% (blue dotted line).