European Session

EUR/USD - Euro Dollar

1,4822. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD made a false break and continues the actual trend.. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,4750 / 1,4880 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,4860 - 1,4880

Supports

1,4800 - 1,4750

more information on EUR/USD - Euro Dollar Click Here

GBP/USD - British Pound Dollar

2,0754. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 2,0850. The consolidation should continue. We won't take a position.

Resistances

2,0830 - 2,0850

Supports

2,0750 - 2,0650

more information on GBP/USD - British Pound Dollar Click Here

USD/CHF - Dollar Swiss Franc

1,1128. USD CHF broke 1,1070 resistance. USD CHF is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

1,1140 - 1,1200

Supports

1,1100 - 1,1070

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

USD/JPY - Dollar Yen

110,03. USD JPY broke 109,00 resistance. USD JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should find a resistance below 110,80 (75 pips). The consolidation should continue. We won't take a position.

Resistances

110,50 - 110,80

Supports

109,80 - 109,60 - 109,00

more information on USD/JPY - Dollar Yen Click Here

EUR/JPY - Euro Yen

163,02. EUR JPY broke 161,80 resistance. EUR JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The consolidation should continue. The price should find a resistance below 164,20. If the resistance is broken then the target will be 167,00 (400 pips).

Resistances

163,60 - 164,20

Supports

162,75 - 161,80

more information on EUR/JPY - Euro Yen Click Here