Asian Session

EUR/USD - Euro Dollar

1,4855. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. There is an horizontal range between 1,4820 and 1,4875. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 1,5000 (150 pips).

Resistances

1,4875 - 1,4900

Supports

1,4820 - 1,4775

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USD/CAD - US Dollar Canadian Dollar

0,9855. 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 decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 0,9750 / 0,9900 range. We won't take a position.

Resistances

0,9880 - 0,9900

Supports

0,9800 - 0,9750

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USD/CHF - Dollar Swiss Franc

1,1010. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. 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 on 1,0930 (80 pips) support.

Resistances

1,1040 - 1,1085

Supports

1,1005 - 1,0930

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USD/JPY - Dollar Yen

108,57. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
=> We could take a short position at 108,70. We will put the stop loss above 109,20 (-50 pips). The targets are 107,50 (+120 pips) 106,00 (+270 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

108,80 - 109,20

Supports

108,40 - 107,90

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AUD/USD - Australian Dollar US Dollar

0,8710. AUD USD broke 0,8780 support. 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. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The downtrend should continue to gather momentum.
=> 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

0,8750 - 0,8780

Supports

0,8700 - 0,8680

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