Saved local copy captured 2026-11-01. Data is a snapshot, not a live feed.

Potential of the euro growth remains

29.04.2021

Daily chart: the pair predictably kept the uptrend against the background of growing ADX activity. In the near future, the area 1.2181-1.2200 (upper Bollinger band) will be tested, and there is a quite high probability that the bulls will be successful in this attack.

Н4: the local upper Bollinger envelope has been broken, which is a signal that the euro will continue to rise. However, ADX is not very active here, so there is a possibility for preliminary correction to the zone 1.2091-1.2111.

Н1: on the hourly chart the ADX indicator also keeps the trend pressure, which will contribute to the growth of quotations from the current levels in the direction of 1.2166 (upper Bollinger line) and above.

Conclusions: growth to 1.2166, 1.2181, 1.2200.
Trading decisions: purchases for specified targets.