European Session

EUR/USD - Euro Dollar

1,3008. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,2850 / 1,3150 range.

Resistances

1,3075 - 1,3150

Supports

1,2950 - 1,2850

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GBP/USD - British Pound Dollar

1,3899. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,4060 (161 pips). The consolidation should continue. The price should continue to move in 1,3700 / 1,4050 range.

Resistances

1,3970 - 1,4050

Supports

1,3840 - 1,3720

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USD/CAD - US Dollar Canadian Dollar

1,2586. 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 is high. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,2530 / 1,2700 range.

Resistances

1,2640 - 1,2750

Supports

1,2530 - 1,2400

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USD/CHF - Dollar Swiss Franc

1,1584. USD CHF is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (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 1,1850 resistance (266 pips).

Resistances

1,1620 - 1,1640

Supports

1,1540 - 1,1500

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USD/JPY - Dollar Yen

89,25. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 88,00 / 90,20 range.

Resistances

89,50 - 90,20

Supports

88,50 - 87,10

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