Growth towards 110.00 can be continued

15.03.2021
Daily chart: the pair is remaining the uptrend, giving no chances for the bears to make a correction. We are waiting for the completion of the 110.00 zone, where the first substantial profit taking will...
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Daily flat forecast

15.03.2021
Daily chart: the pair continues to consolidate in the zone of the middle Bollinger band 1.3916-1.3951. ADX is falling, so this trend will probably continue. Н4: the local trading range is limited by the size...
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Increase to 109.50

13.03.2021
Daily chart: the upper Bollinger band, being the most important dynamic resistance and target level, has risen to the level of 109.50. Against the background of the growth of the ADX indicator, we can expect...
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Marking a sales zone

13.03.2021
Daily chart: the pair failed to approach the middle Bollinger line (1.2040), continuing the decline in quotations in the direction of 1.1851. Anti-phase market movements are still possible, as evidenced by the low trend potential...
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Flat forecast

11.03.2021
Daily chart: the possibility of testing the upper Bollinger band (109.26) remains, although the pair is very overbought. There is almost no further potential for growth, so a downward reversal can be expected. Н4: locally...
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