European Session

EUR/USD - Euro Dollar

1,2841. EUR USD is in a triangle pattern. EUR USD is in an downtrend directed by daily exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should continue to move in 1,2715 / 1,2970 range. If the support is broken then the target will be 1,235 (491 pips).
We are waiting for a break of the support to take a short position.

Resistances

1,2900 - 1,2950

Supports

1,2715 - 1,2530

more information on EUR/USD - Euro Dollar Click Here

GBP/USD - British Pound Dollar

1,5685. GBP USD is in an downtrend directed by daily exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,5540 / 1,5900 range. If the support is broken then the target will be 1,5000 (685 pips).
We are waiting for a break of the support to take a short position.

Resistances

1,5780 - 1,5890

Supports

1,5660 - 1,5540

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

USD/CAD - US Dollar Canadian Dollar

1,1803. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 1,1500 / 1,2000 range. We won't take a position.

Resistances

1,1860 - 1,225

Supports

1,1740 - 1,1465

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

USD/CHF - Dollar Swiss Franc

1,1762. USD CHF is in an uptrend supported by 4H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should find a resistance below 1,1805 (43 pips). The consolidation should continue. If the resistance is broken then the target will be 1,2000 (238 pips).
We are waiting for a break of the resistance to take a long position.

Resistances

1,1805 - 1,1865

Supports

1,1700 - 1,1575

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

USD/JPY - Dollar Yen

98,95. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in 96,90 / 100,50 range. We won't take a position.

Resistances

99,25 - 100,50

Supports

98,40 - 96,90

more information on USD/JPY - Dollar Yen Click Here