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FX.co ★ Indicator analysis. Daily review on August 30, 2019 for the EUR / USD currency pair

Indicator analysis. Daily review on August 30, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Friday, a downward movement with the target of 1.1028 - the lower fractal (yellow dashed line) is possible.

Indicator analysis. Daily review on August 30, 2019 for the EUR / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger Lines - down;

- weekly schedule - down.

General conclusion:

On Friday, a downward movement with the target of 1.1028 - the lower fractal (yellow dashed line) is possible.

From the level of 1.1028, an upward movement is possible with the target of 1.1061 - a pullback level of 14.6% (blue dotted 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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