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Indicator analysis. Daily review for February 1, 2019 for the pair EUR / USD

Strong calendar news is expected today at 11.55 (neutral), 4:30 pm (positive), 6:00 pm (positive) Moscow time.

Trend analysis (Fig. 1).

On Friday, the price before the news (16.30 Moscow time) will move up in the side channel. The first upper target 1.1502 is the resistance line (red bold line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - neutral;

- volumes - up;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Friday, the price before the news (16.30 Moscow time) will move up in the side channel. The first upper target 1.1502 is the resistance line (red bold line).

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