23.07.201909:37 Forex Analysis & Reviews: Technical analysis for the week from July 22 to July 27, 2019 for the EUR / USD currency pair

Trend analysis.

This week, the price will move down with the first target of 1.1193 - the lower fractal and in case of breaking through this level, the downward movement will continue, with the target of 1.1115 - the support line (blue bold line).

Fig. 1 (weekly schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - down;

- monthly schedule - down.

Conclusion on a comprehensive analysis - a downward movement.

The overall result of the calculation of the EUR / USD currency pair candle on the weekly schedule: the price of the week is likely to have a downward trend with the absence of the first upper shadow from the weekly black candle (Monday - down) and the absence of the second lower shadow (Friday - down).