American Session

GBP/JPY - British Pound Yen

226,24. GBP JPY 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 (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 225,00 (140 pips) support.

Resistances

228,40 - 230,70

Supports

226,00 - 225,00

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EUR/USD - Euro Dollar

1,4577. EUR USD broke 1,4600 support. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should continue to consolidate. The price should continue to move in 1,4550 / 1,4650 range. If the support is broken then the target will be 1,4470 (110 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4590 - 1,4615

Supports

1,4550 - 1,4500

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EUR/JPY - Euro Yen

159,60. EUR JPY broke 161,00 support. EUR JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The downtrend should continue on 155,00 (460 pips) support.
=> We could take a short position at 160,00. We will put the stop loss above 161,00 (-100 pips). The targets are 157,00 (+300 pips) 155,00 (+500 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

160,30 - 161,00

Supports

158,80 - 157,00

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EUR/CHF - Euro Swiss Franc

1,6399. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The downtrend should continue to gather momentum. The target is expected at 1,6250.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances

1,6425 - 1,6480

Supports

1,6380 - 1,6340

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EUR/AUD - Euro Australian Dollar

1,6502. EUR AUD 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 (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The uptrend should continue to gather momentum. The target is expected at 1,6900.
=> We could take a long position at 1,6480. We will put the stop loss below 1,6430 (-50 pips). The targets are 1,6600 (+120 pips) 1,6750 (+270 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

1,6560 - 1,6600

Supports

1,6430 - 1,6250

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