Preparing for further decline

26.10.2021
Daily chart: a sharp rebound of the price down from the upper Bollinger band, with a strong blow to the support of 1.1595, indicates a possible fall of the euro quotes into the lower envelope...
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Negative forecast

25.10.2021
Daily chart: a downward technical correction has started in the direction of the middle Bollinger band (112.66). We are confused about the fact that the upper Bollinger band has remained untested (115.26), so a rebound...
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Euro may remain sideways

25.10.2021
Daily chart: the trend towards consolidation of the pair in the upper Bollinger envelope (range 1.1604-1.1689) persists for the fourth day in a row. The ADX indicators are still falling, so it cannot be ruled...
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Trading range 1.3776-1.3816

23.10.2021
Daily chart: the upper Bollinger band (1.3861) has not been tested yet, so such an event remains very probable. This will also be facilitated by the trend state of the ADX indicator. Н4: local consolidation...
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Trading range 1.1616-1.1648

23.10.2021
Daily chart: for the third trading session in a row, the pair is consolidating within the upper Bollinger envelope (1.1604-1.1689) and will probably keep this trend today - the ADX indicator is correcting downward, which...
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