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Indicator analysis. Daily review for December 21, 2018 for the pair EUR / USD

Trend analysis (Fig. 1).

On Friday, a downward movement is possible with the first target of 1.1424 - a rolling level of 23.6% (yellow dotted line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Friday, a downward movement is possible with the first target of 1.1424 - a rolling level of 23.6% (yellow dotted line).

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