American Session

EUR/USD - Euro Dollar

1,4289. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should continue to consolidate. The price should find a resistance below 1,4310. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4310 - 1,4350

Supports

1,4270 - 1,4220

more information on EUR/USD - Euro Dollar Click Here

USD/CAD - US Dollar Canadian Dollar

0,9659. USD CAD broke 0,9720 support. USD CAD is in an downtrend directed by 4H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 0,9650. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

0,9690 - 0,9715

Supports

0,9650 - 0,9620

more information on USD/CAD - US Dollar Canadian Dollar Click Here

EUR/CAD - Euro Canadian Dollar

1,3805. EUR CAD broke 1,3830 support. EUR CAD is in an downtrend directed by 4H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum.
=> We could take a short position at 1,3815. We will put the stop loss above 1,3855 (-40 pips). The targets are 1,3700 (+115 pips) 1,3600 (+215 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,3850 - 1,3890

Supports

1,3800 - 1,3765

more information on EUR/CAD - Euro Canadian Dollar Click Here

EUR/GBP - Euro British Pound

0,6972. EUR GBP is in a range between 0,6950 and 0,7000. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 0,6960 / 0,7000 range.
[arbitrage EUR USD/ GBP USD] : We expect similar moves on EUR USD and GBP USD..

Resistances

0,6980 - 0,7000

Supports

0,6970 - 0,6950

more information on EUR/GBP - Euro British Pound Click Here

AUD/USD - Australian Dollar US Dollar

0,8963. AUD USD is in a range between 0,8840 and 0,8970. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). 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

0,8970 - 0,9025

Supports

0,8900 - 0,8850

more information on AUD/USD - Australian Dollar US Dollar Click Here