Marking a promising area for sales

06.11.2021
Daily chart: a massive breakdown of the lower Bollinger envelope is a clear signal that the quotes will continue to decline. Meanwhile, the ADX indicator has not reached the trend zone yet, therefore, in the...
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Bulls have a positional advantage

06.11.2021
Daily chart: the lower Bollinger band (1.1529) has been retested. And once again we do not see any reaction here from the ADX indicator. If it were not for the factor of today's NFP, then...
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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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