European SessionEUR/USD - Euro Dollar
1,5487. EUR USD is in a range between 1,5400 and 1,5570. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,5400 / 1,5570 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5500 - 1,5570
Supports
1,5400 - 1,5370
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GBP/USD - British Pound Dollar
1,9462. There is an horizontal range between 1,9400 and 1,9485. Support and resistance are given by Bollinger bands. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 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
1,9470 - 1,9500
Supports
1,9435 - 1,9385
more information on GBP/USD - British Pound Dollar Click Here
USD/CAD - US Dollar Canadian Dollar
1,0037. USD CAD is in a range between 0,9990 and 1,0070. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. 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
1,0070 - 1,0090
Supports
1,0020 - 0,9990
more information on USD/CAD - US Dollar Canadian Dollar Click Here
USD/CHF - Dollar Swiss Franc
1,0524. 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 low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,0480 / 1,0600 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0560 - 1,0600
Supports
1,0510 - 1,0480
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USD/JPY - Dollar Yen
104,96. USD JPY is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a resistance below 105,50. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
105,50 - 106,00
Supports
104,90 - 104,30
more information on USD/JPY - Dollar Yen Click Here