Sales after correction

04.08.2021
Daily chart: a bounce down from the upper Bollinger band (1.1901) leads to a clear development of a downward wave, which may test the Bollinger average line (1.1830) in the near future and then go...
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Bears have the advantage

03.08.2021
Daily chart: there is sellers’ pressure on the lower Bollinger band (109.07). If the bears are successful to gain a foothold below the round level of 109.00, then they will get space to 108.40 and...
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Trading range 1.3878-1.3909

03.08.2021
Daily chart: the pair is trading down within the upper Bollinger envelope against the background of falling ADX indicators. Probably, the tendency to flat or the continuation of the downward correction will persist in such...
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We mark a promising zone for buying

02.08.2021
Daily chart: the bears failed to break the lower Bollinger band, leading to a bullish close on Friday. This is not a full-fledged trading setup, but it may well allow the pair to recover to...
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Bearish potential

02.08.2021
Daily chart: last week's pronounced reverse close shows signs of a "rails" reversal pattern. The bears are quite capable of lowering quotes to a minimum to the middle Bollinger band (1.3814). Н4: we mark a...
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