European Session

EUR/USD - Euro Dollar

1,4083. EUR USD broke 1,4140 support. EUR USD is in a consolidation after the last bearish movement. EUR USD broke the uptrend to begin a bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. The target is expected at 1,3950.
=> We could take a short position at 1,4090. We will put the stop loss above 1,4125 (-35 pips). The targets are 1,4010 (+80 pips) 1,3950 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,4110 - 1,4130

Supports

1,4080 - 1,4050

EUR/USD - Euro Dollar

GBP/USD - British Pound Dollar

2,0296. GBP USD broke 2,0300 support. GBP USD broke the uptrend to begin a bearish movement. The volatility rises. Bollinger bands are deviated. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum. The target is expected at 2,0100.
=> We could take a short position at 2,0290. We will put the stop loss above 2,0325 (-35 pips). The targets are 2,0230 (+60 pips)2,0200 (+110 pips) 2,0100 (+210 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

2,0310 - 2,0330

Supports

2,0280 - 2,0200

GBP/USD - British Pound Dollar

USD/CAD - US Dollar Canadian Dollar

1,0001. USD CAD is in an downtrend directed by 4H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. USD CAD is in a range between 0,9910 and 1,0040. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

1,0010 - 1,0040

Supports

0,9980 - 0,9945

USD/CAD - US Dollar Canadian Dollar

USD/CHF - Dollar Swiss Franc

1,1805. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue on 1,1900 resistance. The price should find a support above 1,1780.
=> We could take a long position at 1,1790. We will put the stop loss below 1,1760 (-30 pips). The targets are 1,1830 (+40 pips) 1,1870 (+80 pips) 1,1900 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,1810 - 1,1830

Supports

1,1785 - 1,1770

USD/CHF - Dollar Swiss Franc

USD/JPY - Dollar Yen

116,57. USD JPY is in an uptrend supported by 1H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue to gather momentum. The target is expected at 118,00.
=> We could take a long position at 116,55. We will put the stop loss below 116,20 (-35 pips). The targets are 117,10 (+55 pips) 117,55 (+100 pips) 118,00 (+145 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

116,80 - 117,10

Supports

116,55 - 116,35

USD/JPY - Dollar Yen