Monthly chart: everything is under the & quot; our & quot; scenario, namely there is a movement to psychological 2200.1 level, then a strong rollback is expected to middle Bollinger band (1941.9).
Weekly chart: as we can see, there is a bull potential here(the pair got a pinbar from middle Bollinger band), but ADX parameters are very weak, that's why a rollback from 2143.1 resistance level to middle band (2076.7) expected now, and then the price will go upward towards 2200.1
Day chart: 2127.9 local resistance level.
Expectations: so, we are waiting for rollback from 2127.9-2143.1 area towards 2076.7 support
1) Close buy orders at 2127.9-2143.1 areas
2) Sell from 2127.9-2143.1 to 2076.7
3) Buy at 2076.1 to 2200.1
Monthly chart: the bulls woked well in Aplril, so it was unlikely that the bears could make a pivot from current levels. However, we expect our middle term scenario (decline to 48.11)
Weekly chart: the same situation. Some alternative can be a strong upward wave towards 92.36 (!), but upon condition the bulls update the current Highs.
Day chart: local resistance - 69.09 (upper Bollinger band). Inside support - 62.42 (low Bollinger band)
Expectations: the main scenario - the pair goes to 69.09 and then to 62.42 level. alternative - High update and middle term movement to 92.36
1) Keep open sellings till 62.42 and 48.11.
2) Buy at 69.00 area.
3) Buying decision you had better postpone till next week.
Monthly chart: the bulls have made some opportunity for middle term growth till upper Bollinger band (1353.67). Of course, they need to break middle Bollinger band (1248.00), and it could take more time than this week.
Weekly chart: we can see here, that local target is situated at 1287.92 level.
Day chart: local resistance at 1248.00
Expectations: so, the targets are situated at 1248.00 and 1287.92 levels. The point is how strong a down rollback from 1248.00 will be
1) Buy from 1248.00 towards 1287.92
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us