Asian Session

GBP/USD - British Pound Dollar

2,0449. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 2,0300 (150 pips) support.

Resistances

2,0510 - 2,0625

Supports

2,0420 - 2,0400

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GBP/JPY - British Pound Yen

225,58. GBP JPY is in a head and shoulder pattern. 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 price should find a support above 225,00. If the support is broken then the target will be 220,00 (550 pips).
=> We could take a short position at 225,60. We will put the stop loss above 226,90 (-130 pips). The targets are 224,00 (+160 pips) 220,00 (+560 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

226,00 - 226,75

Supports

225,10 - 224,40

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EUR/USD - Euro Dollar

1,4612. EUR USD is in a range between 1,4520 and 1,4720. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should find a support above 1,4610. If the support is broken then the target will be 1,4520 (100 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4645 - 1,4720

Supports

1,4610 - 1,4520

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EUR/CAD - Euro Canadian Dollar

1,4395. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,4500 (105 pips) resistance. We won't take a position.

Resistances

1,4410 - 1,4500

Supports

1,4300 - 1,4180

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AUD/USD - Australian Dollar US Dollar

0,8862. AUD USD is in a range between 0,8750 and 0,9075. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The downtrend should continue to gather momentum. The target is expected at 0,8750 (110 pips). The price should find a support above 0,8800.

Resistances

0,8895 - 0,8940

Supports

0,8850 - 0,8800

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