American Session

EUR/USD - Euro Dollar

1,2708. EUR USD broke 1,2700 resistance. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,2570 / 1,2800 range. We won't take a position.

Resistances

1,2745 - 1,2800

Supports

1,2660 - 1,2570

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GBP/USD - British Pound Dollar

1,5059. GBP USD is in an downtrend directed by 4H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. GBP USD is in a range between 1,4900 and 1,5100. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

1,5095 - 1,5190

Supports

1,4990 - 1,4900

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

USD/CAD - US Dollar Canadian Dollar

1,2378. USD CAD is in a range between 1,2200 and 1,2420. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,2420 (42 pips). The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 1,2800 (422 pips).
We are waiting for a break of the resistance to take a long position.

Resistances

1,2420 - 1,2500

Supports

1,2290 - 1,2090

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

USD/CHF - Dollar Swiss Franc

1,2054. 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 price should find a support above 1,2045 (9 pips). The uptrend should continue to gather momentum.
=> We could take a long position at 1,2050. We will put the stop loss below 1,2000 (-50 pips). The targets are 1,2150 (+100 pips, risk/reward 1:2), 1,2200 (+150 pips, risk/reward 1:3) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances

1,2075 - 1,2150

Supports

1,2040 - 1,2010

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

USD/JPY - Dollar Yen

96,69. USD JPY is in a range between 96,15 and 97,40. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances

96,95 - 97,40

Supports

96,15 - 94,50

more information on USD/JPY - Dollar Yen Click Here