Asian Session

EUR/USD - Euro Dollar

1,4663. 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. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4680. If the resistance is broken then the target will be 1,4900 (240 pips).

Resistances

1,4680 - 1,4700 - 1,4750

Supports

1,4640 - 1,4590

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AUD/USD - Australian Dollar US Dollar

0,8837. AUD USD is in a range between 0,8800 and 0,9050. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The downtrend should continue to gather momentum. The target is expected at 0,8800 (40 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

0,8870 - 0,8940

Supports

0,8830 - 0,8800

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USD/CAD - US Dollar Canadian Dollar

0,9849. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a resistance below 0,9920. If the resistance is broken then the target will be 1,0100 (150 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

0,9900 - 0,9920

Supports

0,9790 - 0,9710

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USD/CHF - Dollar Swiss Franc

1,1155. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum.
=> We could take a short position at 1,1160. We will put the stop loss above 1,1200 (-40 pips). The targets are 1,1100 (+60 pips) 1,1050 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances

1,1195 - 1,1260

Supports

1,1150 - 1,1100

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USD/JPY - Dollar Yen

109,86. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The price is just above 109,50 support. 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 ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum.
=> We could take a short position at 109,90. We will put the stop loss above 110,30 (-40 pips). The targets are 109,00 (+90 pips) 108,00 (+190 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

110,00 - 110,30

Supports

109,70 - 109,00

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