EUR/USD - Euro Dollar
1,5738. EUR USD broke 1,5650 resistance. EUR USD is in an uptrend supported by 15min exponential moving averages. The volatility is high. Bollinger bands are deviated. 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 to gather momentum. The target is expected at 1,5900. The price should find a resistance below 1,5805.
Resistances
1,5750 - 1,5805
Supports
1,5705 - 1,5650
GBP/USD - British Pound Dollar
1,9987. GBP USD broke 2,0000 support. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
2,0000 - 2,0065
Supports
1,9935 - 1,9900
USD/CAD - US Dollar Canadian Dollar
1,0147. USD CAD 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. The risk/reward ratio is too high to take a position..
Resistances
1,0200 - 1,0230
Supports
1,0130 - 1,0100
USD/CHF - Dollar Swiss Franc
0,9982. USD CHF broke 1,0050 support. USD CHF is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 0,9820 (160 pips) support.
=> We could take a short position at 0,9980. We will put the stop loss above 1,0020 (-40 pips). The targets are 0,9930 (+50 pips) 0,9820 (+160 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,0010 - 1,0055
Supports
0,9955 - 0,9930
USD/JPY - Dollar Yen
99,19. USD JPY broke 99,70 support. USD JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The target is expected at 97,00.
Resistances
99,70 - 100,25
Supports
98,85 - 98,50