Flat forecast

13.04.2021
Daily chart: the pair is consolidating in the area of the middle Bollinger band (109.49), with no signs of exiting this trend. Accumulation has bullish nature, so any declines in quotes by bulls will be...
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Today’s flat forecast

13.04.2021
Daily chart: the pair is in a flat trend within the range of the lower Bollinger envelope (1.3643-1.3786). ADX remains in an extremely weak zone, which indicates a further flat forecast for this instrument. Н4:...
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Flat forecast

12.04.2021
Daily chart: ADX is falling down, which means that the trend towards consolidation of the market in the area of the middle Bollinger band (109.59) will probably continue. Н4: the range of local Bollinger envelopes...
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Key support – 1.3643

12.04.2021
Daily chart: the pair is approaching the lower border of the Bollinger Bands (1.3643). The general trend is downtrend, so bears will probably try this support. However, the current state of the ADX is weak...
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Consolidation

09.04.2021
Daily chart: the pair is trading at the middle Bollinger band (109.48), which is critical support for the medium-term uptrend. ADX continues to decline, so the consolidation process may be quite lengthy at the current...
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