Analytics

Daily chart: scenario with bounce up from Bollinger’s lower band (1.1686) confirmed and ADX indicator approaching trend zone. All this will contribute to the further restoration of euro quotes at least to the Bollinger midline (1.1800).

Daily chart: the pair almost reached Bollinger’s top lane (110.40), and will likely get another turn down. This is indicated by the long sidewall within the Bollinger envelopes, and the extremely passive ADX.

27.09.2021 EURUSD The euro-dollar currency pair continues to develop in a wave of declines. At the moment, the market worked out the level of 1.1700 and performed the correction to 1.1724.

17.09.2021 EURUSD The euro/US dollar currency pair has worked a wave of decline to 1.1753. Today, the market is trading in the consolidation range around 1.1761.

21.09.2021 EURUSD The euro/US dollar currency pair is trading in the growth structure against 1.1744. After its development, we expect a decrease to 1.1717.