Weakening of the euro is possible

21.05.2021
Daily chart: the holding force for the euro is the resistance level of 1.2245, where, at the moment, the "Double Top" pattern is clearly forming. If the bulls fail to break through this area, then...
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Flat forecast

20.05.2021
Daily chart: the pair has been trading in the area of the middle Bollinger band (109.05) for the third day in a row. ADX has not entered the trend zone yet, and the envelopes retain...
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Trading range 1.2155-1.2229

20.05.2021
Daily chart: strong resistance remains in the area of the upper Bollinger band 1.2229-1.2254. The pair is in the middle of the upper Bollinger envelope range, which makes probability of multidirectional movements higher. Н4: local...
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Flat forecast

19.05.2021
Daily chart: the pair remains in the area of the middle Bollinger band (108.94), where there is a slight respite after the correction. The decline will probably continue, inasmuch as the bulls failed to break...
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Euro is on important medium-term resistance

19.05.2021
Daily chart: the last peak of the euro is in the 1.2236 zone, which, during the last testing, led to a fall by almost 550 points. Will the market be able to ignore such a...
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