EUR/USD - Euro Dollar
1,4885. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,4780 and 1,4920. The volatility is low. 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 Bollinger bands. We won't take a position.
Resistances
1,4910 - 1,4920
Supports
1,4880 - 1,4820
GBP/JPY - British Pound Yen
223,77. GBP JPY is in an downtrend directed by 4H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. GBP JPY is in a range between 221,70 and 225,25. The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
224,10 - 225,25
Supports
222,50 - 221,70
EUR/JPY - Euro Yen
160,91. EUR JPY is in a range between 159,60 and 161,50. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
161,00 - 161,50
Supports
159,60 - 159,00
USD/CAD - US Dollar Canadian Dollar
0,9937. USD CAD broke 0,9910 resistance. USD CAD is in an uptrend supported by 4H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The uptrend should continue to gather momentum. The price should find a resistance below 1,0000 (65 pips).
Resistances
0,9950 - 1,0000
Supports
0,9910 - 0,9840
EUR/CAD - Euro Canadian Dollar
1,4799. EUR CAD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,5050 (250 pips) resistance.
=> We could take a long position at 1,4800. We will put the stop loss below 1,4750 (-50 pips). The targets are 1,4860 (+60 pips) 1,4920 (+120 pips) 1,5000 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,4800 - 1,4860
Supports
1,4750 - 1,4670