EUR/USD - Euro Dollar
1,4817. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The consolidation should continue. The price should continue to move in 1,4770 / 1,4915 range. If the support is broken then the target will be 1,4650 (170 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4860 - 1,4915
Supports
1,4770 - 1,4750
GBP/USD - British Pound Dollar
2,0643. GBP USD is in a range between 2,0520 and 2,0750. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 2,0520 / 2,0750 range. We won't take a position.
Resistances
2,0690 - 2,0750
Supports
2,0595 - 2,0520
USD/CAD - US Dollar Canadian Dollar
0,9845. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. USD CAD is in a range between 0,9800 and 0,9900. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. If the support is broken then the target will be 0,9500. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
0,9870 - 0,9900
Supports
0,9800 - 0,9720
USD/CHF - Dollar Swiss Franc
1,1053. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The downtrend seems to be finished. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,1080 - 1,1100
Supports
1,1005 - 1,0930
USD/JPY - Dollar Yen
108,51. 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 is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) crosses and gives a negative signal. The consolidation should continue. The price should continue to move in 107,60 / 109,00 range. We won't take a position.
Resistances
108,80 - 109,00
Supports
108,20 - 107,60