American Session

EUR/USD - Euro Dollar

1,3063. EUR USD broke 1,2960 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,3250 resistance (187 pips).
=> We could take a long position at 1,3000. We will put the stop loss below 1,2930 (-70 pips). The targets are 1,3200 (+200 pips, risk/reward 1:2.9), 1,3250 (+250 pips, risk/reward 1:3.6) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,3100 - 1,3250

Supports

1,2960 - 1,2810

more information on EUR/USD - Euro Dollar Click Here

GBP/USD - British Pound Dollar

1,5353. GBP USD broke 1,5200 resistance. The volatility rises. Bollinger bands are deviated. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 1,5450 resistance (97 pips). The price should find a support above 1,5200 (153 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,5400 - 1,5450

Supports

1,5190 - 1,5015

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

USD/CAD - US Dollar Canadian Dollar

1,2131. USD CAD broke 1,2250 support. USD CAD broke the uptrend to begin a bearish movement. The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue on 1,2000 support (131 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,2250 - 1,2475

Supports

1,2100 - 1,2000

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

USD/CHF - Dollar Swiss Franc

1,1867. USD CHF broke 1,1925 support. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,1500 support (367 pips). We won't take a position while the volatility is high.

Resistances

1,1925 - 1,2050

Supports

1,1850 - 1,1740

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

USD/JPY - Dollar Yen

96,10. USD JPY is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 95,40 / 97,40 range. We won't take a position.

Resistances

96,70 - 97,40

Supports

95,75 - 94,60

more information on USD/JPY - Dollar Yen Click Here