Sideways corridor 1.3405-1.3450

17.11.2021
Daily chart: the pair is consolidating at 1.3418 for the fourth day, where the local hourly Bollinger averages are located. All this should be considered as a possible preparation for a decline to the 1.3293...
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Market may require correction

17.11.2021
Daily chart: there are already six bars in a row outside the lower Bollinger envelope! This is a strong corrective sign. Meanwhile, the pressure of the ADX indicator remains strong, which indicates a possible new...
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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...
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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...
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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...
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