The pressure on the euro maintains

09.08.2021
Daily chart: the pair has reached the lower Bollinger band (1.1741), where there is substantial support. Meanwhile, the bears maintain pressure on the euro, as evidenced by the trend ADX. Therefore, the probability of a...
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Bears have perspective areas for sales

06.08.2021
Daily chart: the average Bollinger band (109.88) was tested today. Therefore, immediately from the current levels, a downward reversal is possible within the working out the broken lower envelope. Н4: the local dynamic resistance level...
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Decline to 1.1753

06.08.2021
Daily chart: the pair is already in the lower Bollinger envelope, so the bears have a good chance of working out the 1.1753 support zone on the lower line. Strong news from the US (nonpharm)...
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Consolidation

05.08.2021
Daily chart: an upward technical correction is approaching the middle Bollinger band (109.87), from where a downward reversal is expected, earlier the lower Bollinger envelope was broken, which is a signal for a continuation of...
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Trading range 1.3873-1.3933

05.08.2021
Daily chart: the pair remains in a multidirectional phase against the background of expectations of tomorrow's American news. Trading takes place in the middle of the upper Bollinger envelope and, probably, this trend will continue...
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