Trading range 1.3641-1.3690

04.11.2021
Daily chart: as in the case of the euro, the British pound is in the area of the lower Bollinger envelope (1.3600-1.3704), trading against the background of the falling ADX. Therefore, here we can also...
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The market is waiting for tomorrow’s news

04.11.2021
Daily chart: the market continues to consolidate within the lower Bollinger envelope (1.1533-1.1604). There are almost no doubts now that we will not see actions until tomorrow's NFP data is released. Н4: we mark the...
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Flat forecast

03.11.2021
Daily chart: consolidation continues in the middle Bollinger band (113.64). Probably, this trend will continue, inasmuch as the ADX indicator is actively correcting, which indicates a drop in the trend potential. Н4: the size of...
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Trading range 1.1570-1.1600

03.11.2021
Daily chart: the development of growth within the potential development of the bullish inside bar did not occur, which is probably due to the wait-and-see attitude taken by investors ahead of Friday's non-farms. ADX is...
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Decrease in the direction of 113.37

02.11.2021
Daily chart: as expected, the upward wave did not develop - ADX is correcting, so further formation of the "bullish flag" can be expected. Н4: the bulls failed to break through the local upper Bollinger...
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