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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Down to 108.80

18.05.2021
Daily chart: reversal down from the upper Bollinger band was confirmed. The medium-term potential for the development of a downward wave is quite large - until support at 107.72 (lower Bollinger line). Н4: locally, the...
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Flat forecast for today

18.05.2021
Daily chart: the pair remains focused on the upper Bollinger band (1.4155), although the overall trend potential remains small. Probably, the market will be flat. Н4: the pair is trading locally within the upper Bollinger...
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