American Session

EUR/USD - Euro Dollar

1,3598. EUR USD broke 1,3840 support. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,3250 support (348 pips). The price should find a support above 1,3430 (168 pips).
=> We could take a short position at 1,3600. We will put the stop loss above 1,3680 (-80 pips). The targets are 1,3440 (+160 pips, risk/reward 1:2), 1,3250 (+350 pips, risk/reward 1:4.4) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,3650 - 1,3720

Supports

1,3560 - 1,3430

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GBP/USD - British Pound Dollar

1,4484. GBP 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 continue to move in Bollinger bands. We won't take a position.

Resistances

1,4575 - 1,7630

Supports

1,4450 - 1,4390

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USD/CAD - US Dollar Canadian Dollar

1,2149. USD CAD is in a range between 1,2080 and 1,2280. USD CAD 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

1,2240 - 1,2275

Supports

1,2080 - 1,1950

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

USD/CHF - Dollar Swiss Franc

1,1090. USD CHF broke 1,0850 resistance. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue on 1,1250 resistance (160 pips).
=> We could take a long position at 1,1080. We will put the stop loss below 1,0980 (-100 pips). The targets are 1,1250 (+170 pips, risk/reward 1:1.7), 1,1290 (+210 pips, risk/reward 1:2.1) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,1120 - 1,1250

Supports

1,0980 - 1,0850

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USD/JPY - Dollar Yen

93,37. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 93,80 resistance (43 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

93,60 - 93,80

Supports

92,90 - 92,30

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