Asian Session

EUR/USD - Euro Dollar

1,4880. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. 4H ForexSto (Modified Stochastic) crosses and gives a positive signal. The uptrend should continue to gather momentum. The price should find a resistance below 1,4920 (40 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4890 - 1,4920

Supports

1,4810 - 1,4780

more information on EUR/USD - Euro Dollar Click Here

USD/CHF - Dollar Swiss Franc

1,0965. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The target is expected at 1,0870 (90 pips).

Resistances

1,0990 - 1,1040

Supports

1,0950 - 1,0870

more information on USD/CHF - Dollar Swiss Franc Click Here

USD/JPY - Dollar Yen

107,25. USD JPY broke 107,50 support. 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 ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The target is expected at 106,00 (125 pips).

Resistances

107,45 - 107,75

Supports

107,10 - 106,00

more information on USD/JPY - Dollar Yen Click Here

EUR/JPY - Euro Yen

159,62. EUR JPY is in an downtrend directed by 4H exponential moving averages. The price is just above 159,60 support. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The price should find a support above 159,60. If the support is broken then the target will be 158,40 (120 pips).

Resistances

160,45 - 161,40

Supports

159,60 - 158,40

more information on EUR/JPY - Euro Yen Click Here

GBP/JPY - British Pound Yen

222,83. GBP JPY is in an downtrend directed by 4H exponential moving averages. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum.
=> We could take a short position at 223,00. We will put the stop loss above 224,20 (-120 pips). The targets are 221,50 (+150 pips) 220,00 (300 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

223,20 - 224,00

Supports

222,00 - 221,50

more information on GBP/JPY - British Pound Yen Click Here