FX.co ★ Indicator analysis. The daily review of the EUR / USD currency pair for May 15, 2018

On Tuesday, the following strong calendar news comes out:

- 07.00 London time. EUR, Germany's GDP (q / q) (1 sq.), Waiting for 0.4%, the previous value was 0.6%;

- 10.00 London time. EUR, ZEW economic sentiment index in Germany (May), are waiting for -8.0, the previous value was -8.2;

- 13.30 London time. USD, the base index of retail sales (m / m) (Apr), waiting for 0.5%, the previous value was 0. 2%;

- 13.30 London time. USD, the volume of retail sales (m / m) (Apr), waiting for 0.4%, the previous value was 0. 6%.

Trend analysis (Figure 1).

On Monday, the price, continuing to move upwards, reached the recession level of 23.6% (1.1997) and after that, went down (though the news also helped). On Tuesday, the market with a high probability can continue to move up. The complex analysis will more accurately tell where the price will go.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - down;

- Volumes - down;

- Candle analysis - down;

- Trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion.

On Tuesday, the market will move up, with the first goal of 1.1997, the upper fractal.