Limited upward potential

20.09.2021
Daily chart: the upward sideways phase continues, therefore, until the testing of the upper border of the range (110.32), we can work exclusively upward. Н4: local strong resistance in the area of the upper Bollinger...
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Waiting for the pound at 1.3691

20.09.2021
Daily chart: bears are fixing in the lower Bollinger envelope, so today we can expect the lower border of the envelopes to be revised in the 1.3691 zone. There is no ADX trending potential, so...
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Continuation of sideways

17.09.2021
Daily chart: the pair pulled back sharply to the middle Bollinger band (109.86), which confirms the general flat scenario within the sideways 109.10-110.32. Therefore, the bulls will probably be able to continue to rise in...
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Advantage is on the sellers’ side

17.09.2021
Daily chart: the pair dropped into the lower Bollinger envelope, which may lead to testing of support at the lower border of the range (1.1713). ADX remains in correction, so there may be no trend...
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Continuation of consolidation

16.09.2021
Daily chart: as expected, in the area of the middle Bollinger band (1.3774-1.3800) the pair gained support, which will probably continue the trend towards market consolidation within the upper envelope (1.3774-1.3908). Н4: the local ascending...
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