Flat forecast

29.06.2021
Daily chart: ADX has moved into a correction, so the pair will probably continue multidirectional trades in the middle of the upper Bollinger envelope range (110.14-111.23). Н4: the local upward phase is limited by the...
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Trading range 1.1906-1.1935

29.06.2021
Daily chart: the pair will keep targeting the lower Bollinger band (1.1800), however, the ADX potential is still quite low, so this scenario will be extended in time (possibly for the whole week). Н4: the...
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Trading range 110.70-110.95

25.06.2021
Daily chart: the bulls have not been able to overcome the resistance in the upper Bollinger band (111.14) yet, although the bullish potential from the ADX remains. Therefore, after the quotes roll back down, a...
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Limited bearish potential

25.06.2021
Daily chart: the pound against the dollar is feeling much worse than the euro, and is already moving towards the lower Bollinger band (1.3826). Downward trades seem to have no alternative for now against the...
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Bullish potential remains

25.06.2021
Daily chart: bulls are breaking through the upper Bollinger envelope against the background of substantial trending pressure from the ADX indicator. Therefore, a substantial upward impulse in the direction of 112.00 is possible. Н4: the...
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