American Session

GBP/JPY - British Pound Yen

232,90. GBP JPY broke 236,00 support. GBP JPY is in an downtrend directed by 15min exponential moving averages. The volatility rises. Bollinger bands are parallel and form the trend. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 225,00 support.
=> We could take a short position at 233,00. We will put the stop loss above 234,00 (-100 pips). The targets are 230,00 (+300 pips) 228,00 (+500 pips) 225,00 (+800 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

234,00 - 234,70

Supports

232,80 - 230,00

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EUR/USD - Euro Dollar

1,4680. 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 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to consolidate. The price should continue to move in 1,4660 / 1,4730 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4730 - 1,4750

Supports

1,4670 - 1,4615

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EUR/JPY - Euro Yen

163,28. EUR JPY broke 164,50 support. The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The downtrend should continue on 162,00 support. If the support is broken then the target will be 160,00.
=> We could take a short position at 163,30. We will put the stop loss above 163,80 (-50 pips). The targets are 162,20 (+110 pips) 161,00 (+230 pips) 160,00 (+330 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

163,75 - 164,60

Supports

163,00 - 162,20

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EUR/CHF - Euro Swiss Franc

1,6490. EUR 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 EUR CHF. The downtrend should continue on 1,6400 support.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances

1,6505 - 1,6560

Supports

1,6470 - 1,6450

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EUR/CAD - Euro Canadian Dollar

1,3832. EUR CAD broke the downtrend to begin a bullish movement. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue to gather momentum. The price should find a resistance below 1,3850. If the resistance is broken then the target will be 1,4000. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,3840 - 1,3900

Supports

1,3770 - 1,3620

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