Sellers’ advantage

13.07.2021
Daily chart: the pair did not pass the barrier in the form of the middle Bollinger band (1.1886), therefore, a drop of almost 100 points is possible to the support area of 1.1788 (the lower...
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Flat forecast

12.07.2021
Daily chart: testing of the lower Bollinger band (109.72) led to the formation of a bullish inside bar, which is a signal to buy. Meanwhile, the potential of ADX is decreasing, therefore, the main phase...
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Trading range 1.3842-1.3907

12.07.2021
Daily chart: the bulls' attempt to gain a foothold in the upper Bollinger envelope took place last week against the background of ADX correction, so it is not a fact that this breakout was true....
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Multidirectional movements

09.07.2021
Daily chart: the pair is forming an upward rebound from the lower Bollinger band (109.60), which may allow the dollar to recover to 110.58 (middle line). ADX potential is at a low level, therefore, multidirectional...
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Decline to 1.1788

09.07.2021
Daily chart: the RSI oscillator does not have convergence with the price chart, so it is too early to talk about an upward reversal. The bears will probably maintain pressure on the pair until the...
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