American Session

EUR/USD - Euro Dollar

1,4845. 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 1H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 1,4780. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4880 - 1,4950

Supports

1,4810 - 1,4780

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USD/CAD - US Dollar Canadian Dollar

0,9861. USD CAD is in a range between 0,9800 and 0,9900. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 0,9800 / 0,9900 range. We won't take a position.

Resistances

0,9870 - 0,9900

Supports

0,9800 - 0,9750

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EUR/CAD - Euro Canadian Dollar

1,4633. EUR CAD is in an uptrend supported by 1H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. There is an horizontal range between 1,4560 and 1,4700. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

1,4640 - 1,4700

Supports

1,4560 - 1,4500

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EUR/AUD - Euro Australian Dollar

1,6840. EUR AUD is in an uptrend supported by 4H exponential moving averages. EUR AUD is in a consolidation after the last bullish movement. The volatility is high. 1H ForexSto (Modified Stochastic) crosses and gives a positive signal. The consolidation should continue. The price should continue to move in 1,6760 / 1,7175 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,6900 - 1,7000

Supports

1,6760 - 1,6700

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AUD/USD - Australian Dollar US Dollar

0,8811. AUD USD broke 0,8780 resistance. AUD USD is in an downtrend directed by 4H exponential moving averages. The price is just bellow 0,8870 resistance. The volatility decreases. Bollinger bands are tightened. 1H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a resistance below 0,8870. The downtrend should continue to gather momentum. The target is expected at 0,8700.
=> We could take a short position at 0,8830. We will put the stop loss above 0,8875 (-45 pips). The targets are 0,8750 (+80 pips) 0,8700 (+130 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

0,8870 - 0,8950

Supports

0,8800 - 0,8750 - 0,8700

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