American Session

EUR/USD - Euro Dollar

1,2897. EUR USD is in a triangle pattern. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,2950 (53 pips).
=> We could take a short position at 1,2910. We will put the stop loss above 1,2960 (-50 pips). The targets are 1,2800 (+110 pips, risk/reward 1:2.2), 1,2720 (+190 pips, risk/reward 1:3.8) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,2950 - 1,3070

Supports

1,2800 - 1,2720

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GBP/USD - British Pound Dollar

1,5796. GBP USD is in a range between 1,5540 and 1,5890. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5890 (94 pips). The price should continue to move in Bollinger bands. The price should find a support above 1,5540 (256 pips). If the support is broken then the target will be 1,5000 (796 pips).
=> We could take a short position at 1,5800. We will put the stop loss above 1,5890 (-90 pips). The targets are 1,5630 (+170 pips, risk/reward 1:1.9), 1,5540 (+260 pips, risk/reward 1:2.9) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,5890 - 1,6180

Supports

1,5660 - 1,5540

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

USD/CAD - US Dollar Canadian Dollar

1,1722. 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 Bollinger bands. We won't take a position.

Resistances

1,1860 - 1,225

Supports

1,1660 - 1,1465

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

USD/CHF - Dollar Swiss Franc

1,1738. USD CHF is in a consolidation after the last bullish movement. The price is just bellow 1,1805 resistance. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,1805 (67 pips). The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 1,2000 (262 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

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USD/JPY - Dollar Yen

99,21. USD JPY 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 96,90 / 100,50 range. We won't take a position.

Resistances

99,45 - 100,50

Supports

98,40 - 96,90

more information on USD/JPY - Dollar Yen Click Here