European Session

EUR/USD - Euro Dollar

1,4726. 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 uptrend should continue to gather momentum. The price should find a resistance below 1,4750 (25 pips) 1,4800 (75 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4730 - 1,4750

Supports

1,4690 - 1,4670

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GBP/USD - British Pound Dollar

2,1115. GBP 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. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum.
=> We could take a long position at 2,1090. We will put the stop loss below 2,1050 (-40 pips). The targets are 2,1150 (+60 pips) 2,1190 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances

2,1140 - 2,1190

Supports

2,1085 - 2,1060

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USD/CAD - US Dollar Canadian Dollar

0,9255. 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 0,9235 and 0,9390. The volatility is high. Bollinger bands are flat. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should resume. The price should find a support above 0,9235. If the support is broken then the target will be 0,9090.
=> We could take a short position at 0,9260. We will put the stop loss above 0,9300 (-40 pips). The targets are 0,9200 (+60 pips) 0,9090 (+170 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

0,9280 - 0,9310

Supports

0,9235 - 0,9170

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USD/CHF - Dollar Swiss Franc

1,1220. USD CHF 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 CHF. The downtrend should continue to gather momentum. The price should find a support above 1,1200 (20 pips).
=> We could take a short position at 1,1220. We will put the stop loss above 1,1260 (-40 pips). The targets are 1,1150 (+70 pips) 1,1100 (+120 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances

1,1245 - 1,1290

Supports

1,1210 - 1,1200

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USD/JPY - Dollar Yen

112,62. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY 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. The price should find a support above 112,00. If the support is broken then the target will be 110,00.
=> We could take a short position at 112,70. We will put the stop loss above 113,00 (-30 pips). The targets are 112,00 (+70 pips) 111,60 (+110 pips) 110,70 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

112,80 - 113,30

Supports

112,40 - 112,20

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