The market continues to be near the lower bound of the yellow channel after a long decline that occurred from the upper bound of this channel…
Month: November 2019
The price movement during the previous few trading weeks can be described by the bounds of the descending yellow channel. Not so long ago, we saw…
There is a long and gradual rise, which takes place inside the green and yellow channels. Bulls are firmly fixed above the moving average, which indicates…
After the price reached the upper bound of the yellow channel, we saw a decline in the central zone of this channel. Since the price broke…
The price continues to be near the upper bound of the green channel. The bulls touched this wall several times, but could not break it above.…
Over the previous trading weeks, we saw a large bullish trend from the lower bound of the yellow channel to its upper wall. After rebounding from…
Bulls continue creeping slowly up inside the yellow channel. It is quite possible that the upper green bound and the nearest resistance level of 8554.6 will…
At the moment, the price movement can be described by two descending channels, green and yellow. The price is gradually clamped between the upper yellow and…
We see the rapid growth of the market inside the yellow channel. Most likely, the bulls are actively pushing the price towards the upper bound of…
During the previous trading period, EURAUD decreased from the upper bound of the yellow channel to its lower wall. Then the bulls managed to raise the…