American Session

EUR/USD - Euro Dollar

1,4667. EUR USD is in a triangle pattern. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a resistance below 1,4680. If the resistance is broken then the target will be 1,4900 (230 pips).

Resistances

1,4680 - 1,4700 - 1,4750

Supports

1,4640 - 1,4590

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USD/CAD - US Dollar Canadian Dollar

0,9767. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 0,9700 / 0,9900 range. If the support is broken then the target will be 0,9550 (210 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

0,9790 - 0,9900

Supports

0,9700 - 0,9550

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GBP/JPY - British Pound Yen

226,41. GBP JPY is in an downtrend directed by 4H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue to gather momentum. The price should find a support above 224,00. If the support is broken then the target will be 220,00.
=> We could take a short position at 226,50. We will put the stop loss above 227,30 (-80 pips). The targets are 224,00 (+250 pips) 222,00 (+450 pips) 220,00 (+650 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

226,70 - 228,30

Supports

225,70 - 224,40 - 224,00

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EUR/JPY - Euro Yen

161,72. EUR JPY is in a range between 160,60 and 164,00. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

162,10 - 163,00

Supports

161,10 - 160,60

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EUR/CAD - Euro Canadian Dollar

1,4311. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,4230. The uptrend should continue to gather momentum. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4335 - 1,4440

Supports

1,4230 - 1,4125

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