FX.co ★ hickle.manuela | Comprehensive Analysis in Trading: Mastering Methodologies

Pair EURUSD D1: 1 - Euro buyers were able to end the day in their favor yesterday, but this morning they cannot develop their positions further. Speaking of the situation with the bands, the price is trying to continue moving along the lower band. To get a quality signal for a price drop, it is worth waiting for an active touch of the lower band, and then assess whether the bands will expand outward or there will be no reaction. In terms of fractals, the nearest fractals up and down are far from the current quote value, so it is worth waiting for the appearance of new, closer fractals to have something to rely on for both price growth and decline. 2 - The AO indicator is increasing in the negative zone, it is still unclear when the first peak will form, indicating that the price drop may continue further. To get a quality signal for a price increase, it is worth waiting for active fading towards the zero mark.