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FX.co ★ Indicator analysis. Daily review on January 31, 2019 for the pair EUR / USD

Indicator analysis. Daily review on January 31, 2019 for the pair EUR / USD

On Thursday, after touching the cloud consisting of the resistance line 1.1507 (red bold line) and the sliding level 76.4% - 1.1505 (yellow dashed line), the price will move down. The first lower target of 1.1478 is the rolling level of 14.6% (blue dashed line).

 Indicator analysis. Daily review on January 31, 2019 for the pair EUR / USD

Fig. 1 (daily schedule).

Comprehensive analysis:

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- indicator analysis - up;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Thursday, the price will move down. The first lower target of 1.1478 is the rolling level of 14.6% (blue dashed line).

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