EUR/USD - Euro Dollar
1,4421. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,4500 (80 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4425 - 1,4500
Supports
1,4380 - 1,4345
GBP/JPY - British Pound Yen
234,68. GBP JPY is in a range between 233,00 and 236,00. GBP JPY 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
235,20 - 235,90
Supports
233,85 - 233,00
GBP/USD - British Pound Dollar
2,0555. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 2,0575. If the resistance is broken then the target will be 2,0675. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
2,0560 - 2,0580
Supports
2,0530 - 2,0490
USD/CAD - US Dollar Canadian Dollar
0,9589. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue to gather momentum. The target is expected at 0,9530 (60 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
0,9625 - 0,9650
Supports
0,9580 - 0,9530
USD/CHF - Dollar Swiss Franc
1,1622. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,1600. If the support is broken then the target will be 1,1500 (+120 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,1640 - 1,1660
Supports
1,1620 - 1,1600