Trading range 1.3746-1.3789

09.09.2021
Daily chart: the bears failed to consolidate below the middle Bollinger band (1.3768), and, as you can see, there are no trend parameters of the ADX indicator. The market will probably need some consolidation at...
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Decline to 1.1788

09.09.2021
Daily chart: the downward technical correction is approaching the important demand zone 1.1786 (middle Bollinger band). It will be clear here whether the bulls are able to realize the strategic advantage that they received when...
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Sales from 1.3804 zone

08.09.2021
Daily chart: As predicted, sellers have successfully broken down the bearish inside bar, which provides the pair with potential for further declines towards the lower Bollinger band (1.3638). For this, it is necessary to consolidate...
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The continuation of the correction to 1.1786 is possible

08.09.2021
Daily chart: the euro remains in a downward correction within the upper Bollinger envelope, which allows counting on the continuation of the pullback to the middle band area (1.1786). Here is a promising area of...
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Bears’ positional advantage

07.09.2021
Daily chart: The close of the day with a bearish inside bar from the upper Bollinger band is a substantial sales signal. The middle line (1.3771) seems to be the minimum target for a possible...
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