EURUSD – the currency pair remains in the oversold area

06.03.2023
Four-hour EUR/USD chart. The currency pair remains in the oversold area. This zone is characterized by the fact that its entire area supports the price. Therefore, further price declines are often accompanied by significant corrective...
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USDJPY – Preparing for Further Growth

03.03.2023
Daily: the pair is aimed to continue the growth at least to 137.73, where the upper Bollinger band is now located. ADX indication is at the trend level, which also indicates that the bulls retain...
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GBPUSD – Marking a promising area for buying

01.03.2023
Daily: the upward technical correction reached the middle Bollinger band zone (1.2060), which might cool down the ardor of the buyers for a while. However, let's not forget that the bottom Bollinger envelope was not...
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EURUSD – Down to 1.0638

27.02.2023
Daily: the pair remains in the middle of the range of the lower Bollinger envelope, which gives no advantage to either side. However, the bears have slightly better chances to test the lower boundary of...
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USDJPY – Bulls maintain control

24.02.2023
Daily: the pair is striving upward, but has a local "ceiling" in the area of 135.29 in the form of the upper Bollinger band. Let's note the strong trend pressure of ADX, which is desirable...
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