Trading range 114.87-115.20

24.11.2021
Daily chart: after the breakdown of the upper Bollinger envelope, a technical rollback of quotes downward occurs, which often happens when the ADX indicator is not ready (as it happens now). The correction potential is...
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Trading range 1.3357-1.3390

24.11.2021
Daily chart: ADX is still not growing, which suggests that the trend towards bearish accumulation will probably continue. The pair is clearly targeting the lower Bollinger band (1.1367), but is not ready for movement directly....
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Buyers’ dominance

23.11.2021
Daily chart: bulls have renewed their maximums, they are trying to break through the upper Bollinger envelope, the ADX is gaining momentum - all these factors may precede a new rally up! Н4: the local...
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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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