American Session

EUR/USD - Euro Dollar

1,5510. EUR USD is in an downtrend directed by 15min exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,5420 support. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,5565 - 1,5700

Supports

1,5490 - 1,5420

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GBP/USD - British Pound Dollar

1,9574. GBP USD broke 1,9575 support. GBP USD is in a consolidation after the last bearish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 1,9460 / 1,9800 range. We won't take a position.

Resistances

1,9600 - 1,9675

Supports

1,9540 - 1,9460

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USD/CAD - US Dollar Canadian Dollar

1,0217. USD CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 1,0200. If the support is broken then the target will be 1,0150. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,0250 - 1,0320

Supports

1,0210 - 1,0150

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USD/CHF - Dollar Swiss Franc

1,0358. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,0150 / 1,0400 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,0400 - 1,0520

Supports

1,0290 - 1,0150

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USD/JPY - Dollar Yen

106,72. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a support above 106,30.
=> We could take a long position at 106,70. We will put the stop loss below 106,20 (-50 pips). The targets are 107,40 (+70 pips) 109,00 (+230 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

107,10 - 107,50

Supports

106,30 - 106,00

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