Indicator analysis. Daily review for December 6, 2018 for the EUR / USD pair
December 6, 2018 9:25 am
Trend analysis (Fig. 1).
On Thursday, a downward movement is possible with the first goal which is channel 1.1301 (lower fractal) – 1.1301 historical support level (blue dashed line). Moreover, breaking this channel down is unlikely.
On Thursday, a downward movement is possible with the first goal, channel 1.1301 (lower fractal) – 1.1301 historical support level (blue dashed line). Additionally, breaking this channel down is unlikely.
The material has been provided by InstaForex Company – www.instaforex.com
Trend analysis (Fig. 1).
On Thursday, a downward movement is possible with the first goal which is channel 1.1301 (lower fractal) – 1.1301 historical support level (blue dashed line). Moreover, breaking this channel down is unlikely.
Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – neutral; – volumes – top; – candlestick analysis is neutral; – trend analysis – up; – Bollinger lines – down; – weekly schedule – up. General conclusion:
On Thursday, a downward movement is possible with the first goal, channel 1.1301 (lower fractal) – 1.1301 historical support level (blue dashed line). Additionally, breaking this channel down is unlikely.
The material has been provided by InstaForex Company – www.instaforex.com
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