American Session

EUR/USD - Euro Dollar

1,2765. EUR USD broke 1,2680 resistance. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,2800 (35 pips). The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,2800 - 1,2850

Supports

1,2680 - 1,2550

more information on EUR/USD - Euro Dollar Click Here

GBP/USD - British Pound Dollar

1,5010. 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 1,4715 and 1,5060. The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5065 (55 pips). The downtrend should continue to gather momentum.
=> We could take a short position at 1,5010. We will put the stop loss above 1,5100 (-90 pips). The targets are 1,4860 (+150 pips, risk/reward 1:1.7), 1,4720 (+290 pips, risk/reward 1:3.2) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,5060 - 1,5250

Supports

1,4860 - 1,4715

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

USD/CAD - US Dollar Canadian Dollar

1,2603. USD CAD broke 1,2670 support. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue on 1,2450 support (153 pips). The price should find a resistance below 1,2720 (117 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,2720 - 1,2780

Supports

1,2590 - 1,2450

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

USD/CHF - Dollar Swiss Franc

1,2080. USD CHF broke 1,2170 support. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The price should find a support above 1,2050 (30 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,2170 - 1,2230

Supports

1,2050 - 1,1960

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

USD/JPY - Dollar Yen

95,93. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. USD JPY is in a range between 94,40 and 96,00. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 96,00 (7 pips).
=> We could take a short position at 95,90. We will put the stop loss above 96,50 (-60 pips). The targets are 95,20 (+70 pips, risk/reward 1:1.2), 94,40 (+150 pips, risk/reward 1:2.5) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

96,00 - 97,50

Supports

95,00 - 94,40

more information on USD/JPY - Dollar Yen Click Here