Recovery towards 110.07 is possible

02.06.2021
Daily chart: the pair continues to fluctuate within the upper Bollinger envelope (109.16-110.30), which leaves some space for the bulls to work upwards. Н4: low local trend potential of ADX indicates probably insignificant volatility. Nevertheless,...
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Potential accumulation

02.06.2021
Daily chart: the downward correction yesterday worked out the entire range of the upper Bollinger envelope (1.4127-1.4263) very sharply. But it is unlikely that bears will be able to penetrate too deep into the territory...
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We are waiting for a rebound up from 1.4182

01.06.2021
Daily chart: intraday correction of the pound started earlier than the upper Bollinger band (1.4292) was worked out, so the bulls will continue to look for their opportunities on the pullback. Н4: a strong rebound...
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Trading range 1.2207-1.2242

01.06.2021
Daily chart: the pair continues to grow against the background of a weakened ADX, which may slightly slow down the growth dynamics, but will help the euro to recover to the upper Bollinger band (1.2286)....
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Flat forecast

31.05.2021
Daily chart: the bulls were unable to overcome the 110.03 barrier in the upper Bollinger band, which led to the formation of a pin-shaped bar on Friday and a sharp decline in ADX indicators. Probably,...
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