Consolidation in the range 114.04-114.48

16.11.2021
Daily chart: the trend towards consolidation within the upper Bollinger envelope is maintained (113.80-114.48). The ADX trend strength indicator continues to correct, which indicates a possible further accumulation of potential. Н4: a very strong resistance...
Read more

The decline to 1.1336 is possible

16.11.2021
Daily chart: the breakdown of the lower Bollinger envelope (the fourth in a row) occurs against the background of the ADX indicator entering the bearish trend zone. This means that the decline in quotations can...
Read more

Marking a promising sales area

15.11.2021
Daily chart: as expected, the growth of quotes bogged down on Friday against the background of a protracted correction of the ADX indicator. Now we can expect either the market consolidation in the middle band...
Read more

Limited bearish potential

15.11.2021
Daily chart: the ADX indicator shows substantial bearish pressure, therefore, against the background of the breakdown of the lower Bollinger envelope, we can expect an acceleration of the fall in quotations in the direction of...
Read more

The target of bears for today is 1.3308

12.11.2021
Daily chart: the ADX indicator has entered the trend zone, which indicates a possible transition of the pair to a more intense phase of quotations decline. Н4: the local dynamic support level is in the...
Read more