Trading range 1.3715-1.3754

29.10.2021
Daily chart: the pair is consolidating in the area of three hourly Bollinger bands (1.3692-1.3754). The trend potential of ADX is noticeably decreasing, so this trading range will remain. Н4: the local lower Bollinger envelope...
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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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