GBPUSD – Flat Four-hours chart of GBPUSD. Bulls do not want to give up their power they showed yesterday. But this situation is not unique. At the level (7/8) sellers have a very strong resistance, and the price quickly bounced down. The price has sto…

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USDJPY – Down

Daily chart: the expected upward correction has started toward the middle Bollinger band (111.49). Situation for bulls is shaky because ADX keeps very active parameters. Counter trend trade is very dangerous.

Н4: clamping range within the Bollinger envelopes(107.82-108.92), which are getting more narrow. We also have a strong ADX, which can be interpreted in favor of sellers

Н1: A local upward correction could test the upper zone Bollinger bands (108.76-108.92), whereupon the pair seems to fall into the zone of 107.94 (the bottom Bollinger band).

Expectations: now, we expect touch of 108.76-108.92 and then decline to 107.94 Trading solutions: sell from 108.76 to 107.94. It is better to wait for additional short-signals around 108.76-108.92 to have a more “clear” Stop orders

You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.

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GBPUSD – Flat

Daily chart: the pair is in a stable flat inside horizontally oriented Bollinger envelopes (1.4015-1.4483). ADX is weak and going through correction, so on touch of the upper wall (1.4483) we can safely sell.

We expect a 100 points' drop from 1.4319

Н4: a more localized resistance around 1.4319 (upper Bollinger band). Support is at the middle Bollinger band (1.4163).

We expect a 100 points' drop from 1.4319

Н1: a more localized flat range 1.4200-1.4319 allows to rely on 100 points of profit on opening short positions. The best strategy is to wait for confirming signals on younger timeframes around 1.4319.

We expect a 100 points' drop from 1.4319

Expectations: Now we wait for touch of zone 1.4319 and then decline towards 1.4200

Trading solutions: sell from 1.4319 to 1.42

You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.

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EURUSD – Up

Daily chart: every day bulls, on the one hand, develop more and more new highs, on the other hand, they are showing more and more weakness (in particular, the divergence of the oscillator proves that). All these makes touch of the upper Bollinger band (1.1488) and drop to the support – the middle band (1.1288)- to be equally probable plans. Upon reaching 1.1488, sales will be very promising .

Euro corridor for today 1.1356-1.1427

Н4: a flat corridor within the Bollinger envelopes (1.1356-1.1427)

Euro corridor for today 1.1356-1.1427

Н1: we confirm a flat corridor 1.1356-1.1427. ADX is weak, which makes this corridor more reliable.

Euro corridor for today 1.1356-1.1427

Expectations: now we expect flat inside the corridor 1.1356-1.1427

Trading solutions: we consider sales from 1.1427 to 1.1356

You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.

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