Indicator analysis. Daily review for November 7, 2018 for the pair EUR / USD

Trading 07 nov 2018 Donner votre avis

Trend analysis (Fig. 1).

On Wednesday, an uptrend is expected with the first target of 1.1499 - the rolling level of 38.2% (yellow dotted line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

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 the Wednesday, an uptrend is expected with the first target of 1.1499 - the rolling level of 38.2% (yellow dotted line), but earlier at noon, there is a bottom movement.

The material has been provided by InstaForex Company - www.instaforex.com

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