EURUSD – Trading Range 1.0569-1.0611

23.10.2023
Daily: very low trend potential of the ADX indicator suggests a likely continuation of the price consolidation trend around the middle Bollinger band (1.0549). H4: the euro is approaching the strong resistance zone 1.0611-1.0635, which...
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GBPUSD – Bullish potential is building up

18.10.2023
Daily: the pair is consolidating around the middle Bollinger band (1.2224). There is no ADX trend potential for a higher breakout. H4: the pair's upside potential, in case of consolidation above 1.2224, exceeds 100 pips...
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USDJPY – Trading Range 148.41-148.85

13.10.2023
Daily: the pair is barraging in the zone of the middle Bollinger band (148.77), with no signs of trend change. We are likely to see a continuation of the flat. H4: stable horizontal Bollinger envelopes...
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GBPUSD – Marking a promising buying zone

11.10.2023
Daily: the bulls managed to "drill" the dynamic resistance at 1.2251 (middle Bollinger band). Are they ready to move further towards the upper line (1.2475)? Unlikely. This conclusion is suggested by the weak falling ADX...
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EURUSD – Marking a possible downward reversal zone

09.10.2023
Daily: the lower Bollinger envelope was broken, so from the middle Bollinger band (1.0611) sellers may become active again. The bulls' target will be the consolidation in the upper envelope. However, the initiative will be...
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