European SessionEUR/USD - Euro Dollar
1,4713. EUR USD broke 1,4700 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The target is expected at 1,4900. The price should find a resistance below 1,4720.
Resistances
1,4720 - 1,4730
Supports
1,4700 - 1,4650
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GBP/JPY - British Pound Yen
210,49. GBP JPY is in a range between 207,00 and 214,00. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The downtrend should continue to gather momentum. The price should find a support above 210,00. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
210,70 - 211,40
Supports
210,00 - 209,50
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GBP/USD - British Pound Dollar
1,9512. GBP USD is in a consolidation after the last bearish movement. The volatility is low. 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 downtrend should continue on 1,9400 (110 pips) support.
Resistances
1,9540 - 1,9600
Supports
1,9475 - 1,9440
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USD/CAD - US Dollar Canadian Dollar
1,0066. USD CAD is in a consolidation after the last bullish movement. USD CAD 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 0,9950 / 1,0100 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0080 - 1,0100
Supports
1,0050 - 1,0000
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USD/CHF - Dollar Swiss Franc
1,0989. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The price should find a support above 1,0950. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,1000 - 1,1040
Supports
1,0950 - 1,0930
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