American Session

EUR/USD - Euro Dollar

1,2741. EUR USD is in an downtrend directed by daily exponential moving averages. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,2670 and 1,2990. The volatility decreases. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,2670 (71 pips). If the support is broken then the target will be 1,2500 (241 pips).
We are waiting for a break of the support to take a short position.

Resistances

1,2790 - 1,2990

Supports

1,2670 - 1,2500

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GBP/USD - British Pound Dollar

1,5951. GBP USD broke 1,6060 support. GBP USD is in an downtrend directed by daily exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum. The price should find a support above 1,5940 (11 pips). If the support is broken then the target will be 1,5500 (451 pips).
We are waiting for a break of the support to take a short position.

Resistances

1,6070 - 1,6180

Supports

1,5940 - 1,5740

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

USD/CAD - US Dollar Canadian Dollar

1,1988. USD CAD is in a range between 1,1900 and 1,2365. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,1900 (88 pips). The consolidation should continue. If the support is broken then the target will be 1,1500 (488 pips).
We are waiting for a break of the support to take a short position.

Resistances

1,2040 - 1,2150

Supports

1,1900 - 1,1750

more information on USD/CAD - US Dollar Canadian Dollar Click Here

USD/CHF - Dollar Swiss Franc

1,1641. 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. Bollinger bands are parallel and form the trend. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should find a resistance below 1,1690 (49 pips). The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,1690 - 1,1750

Supports

1,1540 - 1,1440

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

USD/JPY - Dollar Yen

98,52. USD JPY is in a consolidation after the last bullish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

99,00 - 99,70

Supports

98,00 - 96,10

more information on USD/JPY - Dollar Yen Click Here