Trading range 109.13-109.43

05.05.2021
Daily chart: the pair is consolidating within the upper Bollinger envelope (108.74-109.83). ADX is still in the trend zone, although these indicators are falling markedly. Н4: the upward local trend is confirmed in the zone...
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Flat potential

05.05.2021
Daily chart: support in the middle Bollinger band area (1.3851) looks extremely stable. It is with respect to this level that the consolidation has been happening for the third day, which has a bullish character....
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Flat forecast

30.04.2021
Daily chart: there is a substantial drop in the trend potential from the ADX, which potentially limits the instrument's volatility in the area of the middle Bollinger band (108.74). Н4: strong local support in the...
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Sideways trading

30.04.2021
Daily chart: the pair continues to show very low trend potential, although the probability of testing the upper Bollinger band in the 1.4016 zone will also persist. But the key trend is small price movements...
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Downward reversal

29.04.2021
Daily chart: a bearish pinbar was formed from the middle Bollinger band (108.87), which is a signal to sell. We are waiting for the development of a decline in quotations in the direction of 107.35...
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