10.10.201908:12 Forex Analysis & Reviews: Indicator analysis. Daily review on October 10, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the market may attempt to break through a cloud consisting of a pullback level of 50.0% - 1,0996 (blue dashed line) and 21 average EMA - 1.0971 (black thin line) once again. And if successful, rush to goal 1.1031 - the resistance line (blue bold line).

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - neutral;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Thursday, upward movement is possible from the level of 1.0996, the upper target 1.1031 is the resistance line (blue bold line).

An unlikely scenario - from the level of 1.0996, a downward movement with the target of 1.0942 is a lower fractal.