logo

FX.co ★ Indicator analysis. The daily review for May 14, 2018 on the EUR/USD pair.

Indicator analysis. The daily review for May 14, 2018 on the EUR/USD pair.

Trend analysis (Figure 1).

On Friday, the price continued to move upward. On Monday, the upward movement may continue. The first target of 1.1996 is the recession level of 23.6% (red dotted line). Complex analysis will more accurately tell where the price will go.

Indicator analysis. The daily review for May 14, 2018 on the EUR/USD pair.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Columes - upwards;

- Candlestick analysis - up;

- Trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - down.

General conclusion.

On Monday, the upward movement may continue with the first target of 1.1997 - a recoil level of 23.6% (red dotted line).

*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