Possible decline to 108.00

22.03.2021
Daily chart: the pair continues to form a downward correction wave in the direction of the middle Bollinger band (107.86). Exactly from here buyers can try to attack again in the medium-term uptrend. Н4: control...
Read more

Trading range 1.3819-1.3901

22.03.2021
Daily chart: the pair is consolidating within the range of the lower Bollinger envelope (1.3776-1.3931), without any signs of activity from the ADX. Therefore, the most likely scenario will be multidirectional movements within today's session....
Read more

Sideways range

19.03.2021
Daily chart: as expected, the bulls, without the ADX trend support, could not consolidate in the upper Bollinger envelope. It is obvious that the trend towards consolidation is in the middle Bollinger band (1.3945). Н4:...
Read more

Daily flat forecast

19.03.2021
Daily chart: the pair bounced down from the middle Bollinger band (1.2003). Medium-term downside potential is in the 1.1803 zone (lower Bollinger line), however, ADX activity is at the flat level. Н4: local trend of...
Read more

Accumulation before continuation of the growth

18.03.2021
Daily chart: the upper Bollinger band has moved to the level of 110.29, which is now an actual target for buyers. Potential entry area - round level 109.00. Н4: local sideways trading range within Bollinger...
Read more