American Session
EUR/USD - Euro Dollar
1,5465. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD made a false break and continues the actual trend.. The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The downtrend should continue to gather momentum. The target is expected at 1,5300. We won't take a position while the volatility is high.
Resistances
1,5520 - 1,5630
Supports
GBP/USD - British Pound Dollar
1,9651. GBP USD 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 1,9585 / 1,9750 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9690 - 1,9750
Supports
1,9600 - 1,9585
USD/JPY - Dollar Yen
105,22. USD JPY broke 105,65 resistance. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 104,00 / 106,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
105,30 - 106,00
Supports
104,75 - 104,00
GBP/JPY - British Pound Yen
206,75. GBP JPY broke 205,75 resistance. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 204,25 / 208,00 range. We won't take a position.
Resistances
207,35 - 208,00
Supports
206,00 - 204,25
EUR/JPY - Euro Yen
163,03. EUR JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The price should find a resistance below 163,20. The consolidation should continue. The target is expected at 162,00.
=> We could take a short position at 163,05. We will put the stop loss above 163,50 (-45 pips). The targets are 162,40 (+65 pips) 162,00 (+105 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.
Resistances
163,20 - 163,50
Supports
162,60 - 162,00
