21.01.201907:50 Forex Analysis & Reviews: Weekly review for the currency pair EUR / USD from January 21 to 26, 2018

Trend analysis (Fig. 1).

When moving down, the first lower target is 1.1297, a recoiling level of 76.4% (yellow dotted line).

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis is neutral;

- Trend analysis - down;

- Bollinger lines - down;

- Monthly schedule - down.

The conclusion of a comprehensive analysis - a downward movement.

The total 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).

When moving down, the first lower target is 1.1297, a recoiling level of 76.4% (yellow dotted line).