EUR/USD - Euro Dollar
1,5459. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,5350 (100 pips) support.
=> We could take a short position at 1,5460. We will put the stop loss above 1,5500 (-40 pips). The targets are 1,5350 (110 pips) 1,5280 (180 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,5490 - 1,5630
Supports
1,5430 - 1,5350
GBP/USD - British Pound Dollar
1,9627. GBP USD is in a range between 1,9600 and 1,9750. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 1,9600 / 1,9750 range. If the support is broken then the target will be 1,9400 (225 pips).
We are waiting for a break of support to take a short position.
Resistances
1,9655 - 1,9750
Supports
1,9600 - 1,9520
USD/CAD - US Dollar Canadian Dollar
1,0095. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a support above 1,0050. The uptrend should continue on 1,0150 (55 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0105 - 1,0150
Supports
1,0050 - 0,9970
USD/CHF - Dollar Swiss Franc
1,0416. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,0320 / 1,0500 range. We won't take a position.
Resistances
1,0475 - 1,0530
Supports
1,0390 - 1,0320
USD/JPY - Dollar Yen
105,15. USD JPY is in a consolidation after the last bullish movement. USD JPY 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 104,00 / 106,00 range. We won't take a position.
Resistances
105,36 - 105,90
Supports
104,80 - 104,00