Consolidation

05.08.2021
Daily chart: an upward technical correction is approaching the middle Bollinger band (109.87), from where a downward reversal is expected, earlier the lower Bollinger envelope was broken, which is a signal for a continuation of...
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Trading range 1.3873-1.3933

05.08.2021
Daily chart: the pair remains in a multidirectional phase against the background of expectations of tomorrow's American news. Trading takes place in the middle of the upper Bollinger envelope and, probably, this trend will continue...
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Trading range 1.3895-1.3942

04.08.2021
Daily chart: the pair, having not reached the middle Bollinger band, switched to growth again, which makes it possible to work out the dynamic resistance at 1.4000. Н4: the local state of the Bollinger envelopes,...
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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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