Preparing for further decline

23.11.2021
Daily chart: the ADX indicator has not gained trending momentum yet, therefore, the scenario of a fall in quotations to the area of the lower Bollinger band (1.3267) may be postponed in time. Н4: locally,...
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Trading range 1.3406-1.3458

22.11.2021
Daily chart: quotes of the British pound fell on Friday and did not reach the middle Bollinger band (1.3559). This, obviously, speaks of the weakness of the bulls, and, accordingly, of the good perspectives for...
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Sellers’ advantage

22.11.2021
Daily chart: bears showed who is boss on Friday, bringing quotes down to a new minimum! Correction expectations turned out to be unjustified, which was due to the lack of a direct signal to buy....
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Trading range 1.3466-1.3506

19.11.2021
Daily chart: the technical upward correction has not reached the middle Bollinger band (1.3559) yet, which remains a highly probable event. Do not forget about the presence of a breakdown of the lower envelope, which...
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Trading range 1.1338-1.1384

19.11.2021
Daily chart: the euro bounced upwards, but remains under pressure - the lower Bollinger band again indicates the possibility of a drawdown below the round level of 1.1300. Н4: dynamic resistance at 1.1384 (upper Bollinger...
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