American Session

USD/CHF - Dollar Swiss Franc

1,1267. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. 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 USD CHF. The downtrend should continue on 1,1200 (75 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,1330 - 1,1400

Supports

1,1250 - 1,1200

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GBP/JPY - British Pound Yen

237,38. GBP JPY is in a range between 237,00 and 240,50. The price is just above 237,00 support. The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a support above 237,00. If the support is broken then the target will be 235,00 (200 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

238,20 - 239,00

Supports

237,00 - 236,60

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EUR/USD - Euro Dollar

1,4721. EUR USD is in an uptrend supported 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 bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4800. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4730 - 1,4800

Supports

1,4650 - 1,4600

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USD/CAD - US Dollar Canadian Dollar

0,9073. 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. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue to gather momentum. The price should find a support above 0,9050 (25 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

0,9110 - 0,9160

Supports

0,9060 - 0,9050

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EUR/CAD - Euro Canadian Dollar

1,3338. EUR CAD is in an downtrend directed by 1H exponential moving averages. 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 EUR CAD. The downtrend should continue to gather momentum.
=> We could take a short position at 1,3340. We will put the stop loss above 1,3375 (-35 pips). The targets are 1,3300 (+40 pips) 1,3230 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances

1,3365 - 1,3415

Supports

1,3300 - 1,3230

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