We are waiting for a downward reversal from the zone 109.01-109.07

28.04.2021
Daily chart: the pair is preparing to test the middle Bollinger band (109.01), from where active sales can be expected. There are several reasons for this: this is both a "round" psychological level, and the...
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Trading range 1.3871-1.3921

28.04.2021
Daily chart: the pair is forming an area in the 1.3836-1.3885 zone, where the accumulation of bullish potential is observed. Meanwhile, ADX is in a "sleep" mode, therefore, with a very high probability, the tendency...
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Flat forecast

27.04.2021
Daily chart: the pair's upward correction is targeting the middle Bollinger band (109.09), where there is substantial resistance, from which the USD sale may resume. This is evidenced by the multidirectional movement vector of the...
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Sideways trend

27.04.2021
Daily chart: forecasts of the ADX indicator do not change and remain at a low flat level. This may cause the price to roll back down to the middle Bollinger band (1.3836). Н4: horizontally oriented...
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Negative forecast remains

26.04.2021
Daily chart: the pair remains focused on the lower Bollinger band, which renews minimums almost every day. This indicates that the downtrend remains relevant, and the bears are provably trying to bring the price below...
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