FX.co ★ berta.hill | EUR/USD

Pair EURUSD M30: 1 - Over the weekend, there was a forecast for a selling entry point on the Euro from the level of 1.18063, but the price opened below this mark. 2 - Speaking of the bands situation, the price is within the central area of the bands, and the bands themselves are curling inwards. Movement from here can continue in any direction, and to get a quality signal for price increase or decrease, it is worth waiting for an active touch of the upper or lower band, and then assess whether the bands will expand outward or if there will be no reaction. 3 - The Awesome Oscillator indicator is fading in the negative zone; if we see a crossing through zero and active growth in the positive area soon, we will get a stronger signal for price increase. On the other hand, a new acceleration in the negative area will signal a decline in quotes. 4 - The entry point for buying in this situation can be placed at the level of 1.17931; price increase with an active breakout and consolidation can be expected up to the levels of 1.18009 and 1.18063. 5 - Sales in the current conditions can be considered from the level of 1.17784; in case of a breakout and consolidation, the price drop can continue to the levels of 1.17227 and 1.17631.