European Session

EUR/USD - Euro Dollar

1,2910. EUR USD is in a range between 1,2765 and 1,3075. 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 1,3030 (120 pips). The downtrend should continue to gather momentum.

Resistances

1,2980 - 1,3080

Supports

1,2860 - 1,2765



GBP/USD - British Pound Dollar

1,3583. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,3500 / 1,3800 range. If the support is broken then the target will be 1,3000 (583 pips).

Resistances

1,3750 - 1,3820

Supports

1,3500 - 1,3300



USD/CAD - US Dollar Canadian Dollar

1,2362. USD CAD broke 1,2515 support. USD CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,2400 (38 pips). The downtrend should continue on 1,2050 support (312 pips).

Resistances

1,2400 - 1,2515

Supports

1,2275 - 1,2170



USD/CHF - Dollar Swiss Franc

1,1621. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,1650 - 1,1720

Supports

1,1600 - 1,1535



USD/JPY - Dollar Yen

88,92. USD JPY is in a range between 88,10 and 89,50. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

89,50 - 90,20

Supports

88,65 - 88,10