European Session

EUR/USD - Euro Dollar

1,4511. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The price should find a resistance below 1,4600 (90 pips).
=> We could take a long position at 1,4490. We will put the stop loss below 1,4460 (-30 pips). The targets are 1,4550 (60 pips) 1,4600 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

1,4515 - 1,4550

Supports

1,4480 - 1,4460

more information on EUR/USD - Euro Dollar Click Here

GBP/JPY - British Pound Yen

238,91. GBP JPY is in a range between 237,50 and 240,00. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 237,50 / 240,00 range. We won't take a position.

Resistances

239,40 - 240,00

Supports

238,40 - 237,60

more information on GBP/JPY - British Pound Yen Click Here

GBP/USD - British Pound Dollar

2,0854. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum. The price should find a resistance below 2,0900 (50 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

2,0865 - 2,0900

Supports

2,0830 - 2,0780

more information on GBP/USD - British Pound Dollar Click Here

USD/CAD - US Dollar Canadian Dollar

0,9314. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue on 0,9250 (65 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

0,9340 - 0,9370

Supports

0,9300 - 0,9250

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

USD/CHF - Dollar Swiss Franc

1,1507. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The price should find a support above 1,1450 (55 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,1525 - 1,1560

Supports

1,1500 - 1,1450

more information on USD/CHF - Dollar Swiss Franc Click Here