American Session

EUR/USD - Euro Dollar

1,2527. 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. The price should find a support above 1,2400 (127 pips). The consolidation should continue. We won't take a position.

Resistances

1,2580 - 1,2635

Supports

1,2490 - 1,2400

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GBP/USD - British Pound Dollar

1,4853. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum.
=> We could take a short position at 1,4850. We will put the stop loss above 1,5020 (-170 pips). The targets are 1,4650 (+200 pips, risk/reward 1:1.2), 1,4420 (+430 pips, risk/reward 1:2.5) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

1,5000 - 1,5070

Supports

1,4840 - 1,4650

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USD/CAD - US Dollar Canadian Dollar

1,2336. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a support above 1,2260 (76 pips). The uptrend should continue to gather momentum.
=> We could take a long position at 1,2340. We will put the stop loss below 1,2250 (-90 pips). The targets are 1,2540 (+200 pips, risk/reward 1:2.2), 1,2680 (+340 pips, risk/reward 1:3.8) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

1,2420 - 1,2540

Supports

1,2260 - 1,2150

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USD/CHF - Dollar Swiss Franc

1,1879. USD CHF is in an uptrend supported by 1H exponential moving averages. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue on 1,2000 resistance (121 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,1950 - 1,2000

Supports

1,1840 - 1,1825

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USD/JPY - Dollar Yen

95,98. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 96,25 (27 pips). The downtrend should continue to gather momentum.
=> We could take a short position at 96,00. We will put the stop loss above 96,50 (-50 pips). The targets are 94,50 (+150 pips, risk/reward 1:3), 93,50 (+250 pips, risk/reward 1:5) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

96,25 - 97,20

Supports

94,50 - 93,50

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