Maintaining Bullish Potential

04.02.2021
Daily chart: the pair remains bullish trend pressure, which will contribute to the rising of quotes in the direction of mid-term resistance at 106.03. ADX indicators are at extreme level. Н4: another local maximum and...
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Bearish potential

04.02.2021
Daily chart: the pair is trading down within the lower Bollinger envelope. This makes the target of 1.3530 relevant in the area of dynamic support which is provided by the lower Bollinger band. Н4: local...
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Flat forecast

03.02.2021
Daily chart: today, the fourth bar in a row may be outside the upper Bollinger envelope, which will be a sign of an approaching downward correction. In the meantime, an operational space is opened in...
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Trading range 1.3633-1.3686

03.02.2021
Daily chart: the bulls kept the pair above the middle Bollinger band (1.3657), forming a pinbar. This setup remains the relevance of the uptrend, although we see no trend activity from the ADX indicator. Perhaps,...
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Consolidation

02.02.2021
Daily chart: the pair is balancing on the middle Bollinger band (1.3654), which keeps the market from falling into the lower envelope and, accordingly, protects the uptrend. ADX is in the weak zone, so a...
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