EUR/USD - Euro Dollar
1,4387. EUR USD is in an downtrend directed 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 bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,4300 support.
Resistances
1,4400 - 1,4450
Supports
1,4340 - 1,4300
USD/CAD - US Dollar Canadian Dollar
1,0116. USD CAD broke 1,0170 support. USD CAD is in an uptrend supported by 4H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility rises. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,0090 / 2,0230 range. We won't take a position.
Resistances
1,0190 - 1,0230
Supports
1,0100 - 1,0075
USD/JPY - Dollar Yen
113,41. USD JPY is in an uptrend supported by 1H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 114,30 (90 pips) resistance.
Resistances
113,60 - 114,30
Supports
112,80 - 112,45
GBP/JPY - British Pound Yen
228,58. GBP JPY is in a range between 227,50 and 230,30. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
228,90 - 230,30
Supports
228,00 - 227,50
EUR/JPY - Euro Yen
163,12. EUR JPY is in an uptrend which support is 162,70 and resistance is 166,00. EUR JPY made a false break and continues the actual trend.. The volatility is low. Oscillators are neutral. The price should find a support above 162,50/60. The price has a good probability to go up.
=> We could take a long position at 162,90. We will put the stop loss below 162,30 (-60 pips). The targets are 163,90 (+100 pips) 165,30 (+240 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.
Resistances
163,40 - 163,60
Supports
162,80 - 162,50