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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Trading range 1.3646-1.3690

02.11.2021
Daily chart: the pair is consolidating in the lower Bollinger envelope. The support area 1.3547 (the lower Bollinger band) remains a promising target for the bears, although it is unlikely that the decline in quotations...
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Trading range 113.80-114.23

01.11.2021
Daily chart: the ADX indicator is correcting, therefore, despite the clear perspectives for continuation of the growth to the upper Bollinger band (115.30), further filling of the "bullish flag" will be possible with the transfer...
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