Daily: A bounce down from the upper Bollinger Band (134.01) tells us about the likely downside phase of the market, with medium-term downside potential in the 132.16 zone (midline). H4: Local support at 133.11 is...

Daily: The pound is trading in the middle of the upper Bollinger envelope again. ADX potential is declining so price is likely to remain at current levels. H4: Stable horizontal Bollinger envelopes provide a sideways...

Daily: The euro remains in the middle of the upper Bollinger envelope, making the current situation almost unsuitable for position trading. Divergent movements may continue. H4: An upward reversal was formed in the area of...

Daily: ADX continues to fall, increasing the probability of a correction to the Bollinger mid-band (132.42). Overall, the day could be multidirectional. H4: a very strong pin from the lower Bollinger band is a signal...

Daily: The upper boundary of the Bollinger envelopes at 1.2533 will be tested as soon as possible. Then the bears will get their chance to sell off, triggered by bulls fixing. But the intrigue is...