Analytics

Daily chart: The third in a row bar outside the top envelope of the Bollinger, on the one hand, confirms the dominance of bulls, but, on the other, significantly increases the overbought of the market and, as a result, increases the likelihood of turning down tomorrow-day after tomorrow.

Daily chart: compared with yesterday’s session, the lower line of the Bollinger dropped below the round level of 1.0800, which indicates a high probability of further development of the downward wave in the direction of this purpose.

Four-hour EUR / USD Couple Schedule. The currency pair remains under pressure and continues to move down. The currency pair overcame the level (2/8) and the next target for the bears is a reversal level (1/8).

After a sharp burst of activity from buyers, the price began to crawl down again. This nature of the movement was expecting.

Daily chart: The lower band of the Bollinger has significantly sank compared to yesterday’s trading session, and is now at 1.3007.