Daily chart: the growth of the pair may be limited by the resistance zone 104.45-104.75 (upper Bollinger band). ADX potential is negligible, so a break above is improbable. Н4: local overbought will surely affect the...

Daily chart: the pair is heading towards the lower Bollinger band (1.2033) against the backdrop of the ADX reversal. It is possible that by the time this area is tested, the market will have a...

Daily chart: the market continues to rotate around the middle Bollinger band (103.58). ADX remains in an extremely weak zone, so the flat continuation scenario also remains relevant today. Н4: with a high probability the...

Daily chart: the market consolidation continues just below 1.2200 level. As we can see, there is no reactions from the ADX side, indicating a possible delay in the pair's transition to a unidirectional movement, and...

Daily chart: ADX remains in a weak “flat” zone, which indicates that the market is probably retain the non-directional nature of trading in a relatively narrow trading range 103.60-103.90. Н4: stable local Bollinger envelopes also...