Trading range 1.3747-1.3795

27.10.2021
Daily chart: the bearish pinbar, which was formed yesterday, although not a full-fledged trading setup (due to its location), nevertheless, fully confirms the weakness of buyers when approaching the upper Bollinger band (1.3855). Taking into...
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Trading range 1.1584-1.1612

27.10.2021
Daily chart: the development of the downward wave was suspended at the dynamic support of 1.1595 (middle Bollinger band). The trend potential of the ADX indicator has fallen sharply, therefore, probably, the bears will not...
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Trading range 1.3751-1.3774

26.10.2021
Daily chart: the pair is trading in the middle of the upper Bollinger envelope, which is the most unsuccessful area for opening any deals: the price can equally likely go both to the middle band...
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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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