Waiting for the pound at 1.40

15.02.2021
Daily chart: the pair is demonstrating confident growth against the background of the trend state of the ADX indicator. The pressure of the bulls is huge, so a strong puncture of the psychological level of...
Read more

Daily flat forecast

15.02.2021
Daily chart: the pair is in a flat in the range of the upper Bollinger envelope (1.2102-1.2206). ADX is falling, so the trend towards multidirectional price movements will continue. Н4: mark the local area of...
Read more

Corrective potential

13.02.2021
Daily chart: a downward correction has started, which may reach the middle Bollinger line (1.3704). The bulls could not be managed to reach 1.3900, faced with irresistible resistance in the upper band (1.3844). Н4: local...
Read more

Daily flat forecast

13.02.2021
Daily chart: the pair is consolidating in the area of the middle Bollinger band (1.2098). ADX numbers are declining, so with high probability, Friday will keep this trend. In case of increased volatility, the market...
Read more

Trading in a horizontal range

11.02.2021
Daily chart: the pair is not at new maximum, but based on the fact that ADX is not in the trend zone yet, today it is possible to move into a correction in the direction...
Read more