Trading range 1.2155-1.2229

20.05.2021
Daily chart: strong resistance remains in the area of the upper Bollinger band 1.2229-1.2254. The pair is in the middle of the upper Bollinger envelope range, which makes probability of multidirectional movements higher. Н4: local...
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Flat forecast

19.05.2021
Daily chart: the pair remains in the area of the middle Bollinger band (108.94), where there is a slight respite after the correction. The decline will probably continue, inasmuch as the bulls failed to break...
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Euro is on important medium-term resistance

19.05.2021
Daily chart: the last peak of the euro is in the 1.2236 zone, which, during the last testing, led to a fall by almost 550 points. Will the market be able to ignore such a...
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We are waiting for consolidation above 1.4200

18.05.2021
Daily chart: there is substantial bullish momentum in the resistance zone 1.4185-1.4200. However, the ADX parameters do not correspond to a possible breakout yet. Such a scenario, obviously, can be considered in case of closing...
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Bullish potential

18.05.2021
Daily chart: strong resistance may remain in the 1.2195-1.2200 zone. Although testing of this zone will probably take place against the background of trend pressure from the ADX, so the picture is not unambiguous. Н4:...
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