Asian Session

USD/CAD - US Dollar Canadian Dollar

0,9174. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue to gather momentum. The target is expected at 0,9000. We won't take a position while the volatility is high.

Resistances

0,9240 - 0,9300

Supports

0,9160 - 0,9150

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EUR/CAD - Euro Canadian Dollar

1,3362. EUR CAD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue to gather momentum. The target is expected at 1,3000. We won't take a position while the volatility is high.

Resistances

1,3390 - 1,3450

Supports

1,3340 - 1,3300

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EUR/USD - Euro Dollar

1,4563. 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 decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The price should find a support above 1,4550.
=> We could take a long position at 1,4550. We will put the stop loss below 1,4520 (-30 pips). The targets are 1,4600 (+50 pips) 1,4650 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances

1,4570 - 1,4600

Supports

1,4545 - 1,4520

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USD/CHF - Dollar Swiss Franc

1,1445. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The price should find a resistance below 1,1465.
=> We could take a short position at 1,1465. We will put the stop loss above 1,1495 (-30 pips). The targets are 1,1400 (+65 pips) 1,1350 (+115 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

1,1465 - 1,1480

Supports

1,1420 - 1,1400

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GBP/JPY - British Pound Yen

239,45. 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. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 237,50 / 240,00 range. We won't take a position.

Resistances

239,60 - 240,00

Supports

238,50 - 237,50

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