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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Flat Forecast

25.01.2021
Daily chart: ADX is frankly “bored”, which is fully consistent with what is happening on the chart - the pair remains in a flat in the area of the middle Bollinger band (103.61-103.77), and with...
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Limited bullish potential

25.01.2021
Daily chart: the local potential of ADX is not at the trend level yet. Therefore, the ability of the bulls to go above the level of 1.3749, where the upper Bollinger band is located, is...
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