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More technical analysis about: EUR/USD, USD/CHF, USD/JPY, GBP/USD, AUD/USD, USD/CAD, EUR/CHF, EUR/JPY, EUR/GBP, EUR/AUD, EUR/CADAmerican Session
EUR/USD - Euro Dollar
1,4833. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. 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 USD. The price should find a support above 1,4775. The uptrend should continue on 1,4900 (65 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4875 - 1,4900 - 1,4930
Supports
1,4820 - 1,4770
more information on EUR/USD - Euro Dollar Click Here
GBP/JPY - British Pound Yen
224,26. 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 resistance below 225,50.
=> We could take a short position at 225,00. We will put the stop loss above 226,10 (-110 pips). The targets are 223,00 (+200 pips) 220,50 (+450 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
225,00 - 225,50 - 226,10
Supports
224,00 - 222,50
more information on GBP/JPY - British Pound Yen Click Here
EUR/CAD - Euro Canadian Dollar
1,4611. 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 resistance below 1,4700. The consolidation should continue. We won't take a position.
Resistances
1,4635 - 1,4700
Supports
1,4550 - 1,4510
more information on EUR/CAD - Euro Canadian Dollar Click Here
EUR/AUD - Euro Australian Dollar
1,7003. EUR AUD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should find a resistance below 1,7120. The consolidation should continue. The price should continue to move in 1,6900 / 1,7120 range. We won't take a position.
Resistances
1,7030 - 1,7120
Supports
1,6900 - 1,6880
more information on EUR/AUD - Euro Australian Dollar Click Here
AUD/USD - Australian Dollar US Dollar
0,8720. AUD USD is in an downtrend directed by 4H exponential moving averages. AUD USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a resistance below 0,8770.
=> We could take a short position at 0,8730. We will put the stop loss above 0,8770 (-40 pips). The targets are 0,8680 (+50 pips) 0,8600 (+130 pips) 0,8400 (+330 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
0,8770 - 0,8780 - 0,8840
Supports
0,8715 - 0,8680
more information on AUD/USD - Australian Dollar US Dollar Click Here







