19.04.201805:18 Forex Analysis & Reviews: Indicator analysis. Daily review for the EUR / USD pair on April 18, 2018

On Wednesday, these are the following:

- 9.00 London time, EUR, consumer price index (CPI) (y / y) (Mar). The expected value is 1.4% compared to the previous value of 1.4%;

- 14.30 London time. USD, crude oil reserves. The expected value is -1.429M compared to the previous value is 3.306M.

Trend analysis (Figure 1).

On Tuesday, the price moved down in the side channel. On Wednesday, there is a high probability to continue its downtrend on the market. A complex analysis will more accurately determined where the price will go next.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- volumes - upwards;

- candle analysis - neutral;

- trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - down.

General conclusion.

On Wednesday, the market will move down, with the first target of 1.2300 on the bottom fractal.