Daily: bulls are attacking the upper boundary of the Bollinger envelopes on the background of very strong ADX, which may indicate the preparation of a breakout and impulse. H4: strong resistance will be met in...

Daily: The strong bullish momentum on Friday was not accompanied by similar activity from the ADX indicator. This was due to the purely news component of this movement. Thus, the pair is likely to remain...

Daily: the overbought pair moved to a technical correction, which can reach the middle Bollinger Band (142.65). This area may be interesting for medium-term buying, as the upper boundary of the Bollinger envelopes has not...

Daily: the development of the downward correction in the direction of the middle Bollinger band (1.2593) continues. The probability of reaching this target is high. H4: The bottom Bollinger envelope was broken through, which allows...

Daily: the downward technical correction is approaching the middle Bollinger band (1.0813), where, presumably, the upward movement can resume, because earlier a breakdown of the upper envelope was fixed. H4: We confirm the downside potential...