Marking a promising sales area

15.04.2021
Daily chart: as expected, the pair continued its smooth decline within the lower Bollinger envelope. The probable target for sellers remains the lower band at 108.22. Н4: the lower local Bollinger envelope was broken, which...
Read more

Limited bullish potential

15.04.2021
Daily chart: the low trend potential from the ADX side remains, which indicates a possible continuation of the pair's flat in the area of the middle Bollinger band (1.3772). Taking into account the absence of...
Read more

Negative forecast

14.04.2021
Daily chart: the pair is consolidating below the middle Bollinger band, which opens up space for bears to support 108.31 (lower Bollinger band). We also note the ADX reversal upward. Н4: the local lower Bollinger...
Read more

Limited bullish potential

14.04.2021
Daily chart: the indication from ADX remains at a weak level, so the pair is unlikely to go above the middle Bollinger band (1.3786), which is the upper limit of the savings range 1.3737-1.3786. Н4:...
Read more

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...
Read more