American Session

GBP/JPY - British Pound Yen

228,32. GBP JPY is in an downtrend directed by 1H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 224,50 / 229,00 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

229,00 - 231,00

Supports

226,80 - 224,50

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EUR/USD - Euro Dollar

1,4611. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a range between 1,4510 and 1,4750. The volatility is high. Oscillators are neutral. The price should continue to consolidate. We won't take a position.

Resistances

1,4630 - 1,4730

Supports

1,4570 - 1,4520

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EUR/GBP - Euro British Pound

0,7047. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The price is just above 0,7045 support. The volatility is high. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should continue to consolidate. The price should continue to move in 0,7045 / 0,7080 range. If the support is broken then the target will be 0,7020.

Resistances

0,7060 - 0,7080

Supports

0,7045 - 0,7020

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EUR/CHF - Euro Swiss Franc

1,6439. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) crosses and gives a positive signal. The price should continue to consolidate. The price should find a resistance below 1,6470. If the resistance is broken then the target will be 1,6550.

Resistances

1,6450 - 1,6470 - 1,6500

Supports

1,6420 - 1,6380

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EUR/CAD - Euro Canadian Dollar

1,3923. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The price is just above 1,3900 support. The volatility rises. Bollinger bands are deviated. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should continue to consolidate. The price should find a support above 1,3900. If the support is broken then the target will be 1,3800 (120 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,3980 - 1,4050

Supports

1,3900 - 1,3830

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