GBPUSD – Bearish Momentum

31.05.2023
Daily: the lower boundary of the Bollinger envelopes has not been tested (1.2290), which makes further downside event likely. H4: for today the decline is potentially limited to the zone 1.2296-1.2300 (lower Bollinger line). The...
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EURUSD – Trading range 1.0709-1.0744

29.05.2023
Daily: the lower Bollinger band continues to fall relative to the current prices, which negates the probability of a serious market correction. The actual target for a possible decline now is the level of 1.0656....
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USDJPY – Trade range 138.29-138.70

26.05.2023
Daily: ADX remains in the strong trend zone in favor of buyers. The upper Bollinger band is soaring "into the sky", which indicates the likely continuation of the growth of quotations. H4: here we have...
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GBPUSD – Trading range 1.2413-1.2472

24.05.2023
Daily: the pair is trading in the sideways corridor within the lower Bollinger envelope (1.2369-1.2503). There are no signs of exit from this trend yet. H4: Exactly the same sideways trend is observed here. ADX...
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EURUSD – Preparing for further declines

22.05.2023
Daily: there is a build-up of bearish ADX potential. At any moment it is possible that the euro will resume falling towards 1.07 and below. H4: The pair reached the potential sell-off area at 1.0923...
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