European Session

EUR/USD - Euro Dollar

1,4921. EUR USD broke 1,4875 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are deviated. 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 uptrend should continue on 1,5000 (75 pips) resistance.

Resistances

1,4950 - 1,5000

Supports

1,4900 - 1,4875

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USD/JPY - Dollar Yen

107,80. USD JPY is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 107,00 (80 pips) support.

Resistances

108,15 - 108,60

Supports

107,50 - 107,00

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GBP/JPY - British Pound Yen

223,16. GBP JPY is in an downtrend directed by 1H exponential moving averages. The volatility is low. 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 222,60. If the support is broken then the target will be 220,00.
=> We could take a short position at 223,30. We will put the stop loss above 224,30 (-100 pips). The targets are 221,80 (+150 pips) 220,00 (+330 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

223,40 - 224,20

Supports

222,60 - 221,80

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EUR/GBP - Euro British Pound

0,7208. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The uptrend should continue on 1,7250 resistance.
[arbitrage EUR USD/ GBP USD] : We expect a bullish pressure on EUR USD and a bearish pressure on GBP USD..

Resistances

1,7210 - 1,7230

Supports

1,7195 - 1,7180

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EUR/CHF - Euro Swiss Franc

1,6323. EUR CHF broke 1,6340 support. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances

1,6340 - 1,6380

Supports

1,6300 - 1,6230

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