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FX.co ★ Indicator analysis. Daily review on October 14, 2019 for the EUR / USD currency pair

Indicator analysis. Daily review on October 14, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price will move down, with the first target at 1.2586 - a pullback level of 23.6% (red dashed line). If this level is reached, there will be a continuation of the lower movement to the pullback level of 38.2% - 1.2512 (red dashed line).

Indicator analysis. Daily review on October 14, 2019 for the EUR / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Monday, an upward movement may continue.

The upper target of 1.1064 is the upper fractal (yellow dashed line).

An unlikely scenario - from the level of 1.1031 moving down to the target of 1.0994 - a pullback level of 38.2% (yellow 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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