Daily: there is still pressure in the direction of the lower boundary of the Bollinger envelopes (1.1334). The further fate of the downtrend will depend on the buyers' reaction in this zone. H4: Breakdown of...

Daily: The touch of the upper Bollinger band at 1.0111 caused a strong fall of the price, which may indicate the continuation of the fall towards the lower boundary of the envelopes (0.9893). H4: There...

Daily: The pair got seriously overbought, which may not allow the bulls to overcome the barrier of the round level 145.00. H4: We note that the upper Bollinger band here is at 145.48. Therefore, a...

Daily: The lower Bollinger band (1.1384) has not been tested, so optimism about the possible growth of the pound should be restrained. Nevertheless, there is a probability of movement towards the midline (1.1841). H4: The...

Daily: the euro rose above the hourly average Bollinger lines, which does not exclude the reaching of the correction zone 1.0111, where the daily average line is also located. H4: A strong support for the...