European Session

EUR/USD - Euro Dollar

1,3193. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,3240 (47 pips). The downtrend should continue to gather momentum.

Resistances

1,3220 - 1,3325

Supports

1,3095 - 1,3000

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GBP/USD - British Pound Dollar

1,4618. There is an horizontal range between 1,4535 and 1,4650. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,4660 - 1,4815

Supports

1,4535 - 1,4475

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USD/CAD - US Dollar Canadian Dollar

1,2452. 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 decreases. Bollinger bands are tightened. ForexTrend 1H, daily (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 1,2420 (32 pips). The uptrend should continue to gather momentum.

Resistances

1,2500 - 1,2600

Supports

1,2420 - 1,2350

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USD/CHF - Dollar Swiss Franc

1,1151. USD CHF is in a range between 1,1100 and 1,1245. USD CHF 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.

Resistances

1,1180 - 1,1245

Supports

1,1135 - 1,1100

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USD/JPY - Dollar Yen

89,00. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 88,70 (30 pips). If the support is broken then the target will be 85,00 (400 pips).

Resistances

89,25 - 90,20

Supports

88,70 - 87,90

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