The target of bears is 1.2033

28.01.2021
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...
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USDJPY, Trading range 103.50-103.90

27.01.2021
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...
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Limited bullish potential

27.01.2021
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...
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Trading is not recommended

26.01.2021
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...
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Trading range 1.2107-1.2151

26.01.2021
Daily chart: ADX indicator targets continue to fall, which corresponds to the flat market. At the same time, the bulls could not pass above the middle Bollinger band (1.2191), which may contribute to a decrease...
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