American Session

EUR/USD - Euro Dollar

1,4803. EUR USD broke 1,4875 support. EUR USD is in an uptrend supported by 4H exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The consolidation should continue. The price should continue to move in 1,4770 / 1,4950 range. We won't take a position.

Resistances

1,4835 - 1,4875 - 1,4950

Supports

1,4780 - 1,4700

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USD/JPY - Dollar Yen

108,06. 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 high. Bollinger bands are parallel and form the trend. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum.
=> We could take a short position at 108,20. We will put the stop loss above 108,70 (-50 pips). The targets are 107,00 (+120 pips) 106,00 (+220 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

108,20 - 108,60

Supports

107,80 - 107,50

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GBP/JPY - British Pound Yen

221,99. GBP JPY is in an downtrend directed by 4H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue to gather momentum.
=> We could take a short position at 222,20. We will put the stop loss above 223,00 (-80 pips). The targets are 220,00 (+220 pips) 215,00 (+720 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

222,80 - 224,20

Supports

221,75 - 220,00

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EUR/JPY - Euro Yen

159,86. EUR JPY is in an downtrend directed by 4H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The downtrend should continue on 155,00 support.
=> We could take a short position at 160,00. We will put the stop loss above 160,70 (-70 pips). The targets are 158,75 (+125 pips) 155,00 (+500 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

160,10 - 160,60

Supports

159,50 - 158,75

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EUR/CAD - Euro Canadian Dollar

1,4626. 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 consolidation should continue. The price should continue to move in 1,4550 / 1,4700 range. We won't take a position.

Resistances

1,4700 - 1,4740

Supports

1,4580 - 1,4550

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