Indicator analysis. Daily review on Sept 11, 2019 for the EUR/USD currency pair


Trend analysis (Fig. 1).

On Wednesday, it is possible to continue the upward movement in the side channel, with the target of 1.1068 – 21 average EMA (black thin line).

Fig. 1 (daily chart).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – up;

– volumes – up;

– candlestick analysis – up;

– trend analysis – up;

– Bollinger Lines – up;

– weekly schedule – up.

General conclusion:

On Wednesday, an upward movement in the side channel is expected. From the level of 1.1068, you can work down with the first target of 1.1017, the lower fractal.

The material has been provided by InstaForex Company –

Source:: Indicator analysis. Daily review on September 11, 2019 for the EUR / USD currency pair

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