Short term (Intraday)

1,7592. GBPUSD currency pair is in an downtrend directed by 1H exponential moving averages. GBPUSD is in a consolidation after the last bearish movement. The price is just above 1,7550 support. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBPUSD. The price should find a support above 1,7550 (42 pips). If the support is broken then the target will be 1,7280 (312 pips).

We are waiting for a break of the support to take a short position.

Resistances 1,7650 – 1,7705
Supports 1,7550 – 1,7425

Short term (Intraday)

1,1338. USD/CHF currency pair is in an uptrend supported by 1H exponential moving averages. USD/CHF currency pair is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD/CHF currency pair.

The price should find a resistance below 1,1410 (72 pips). The consolidation should continue. The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 1,1600 (262 pips).

We are waiting for a break of the resistance to take a long position.

Resistances 1,1410 – 1,1490
Supports 1,1305 – 1,1250

Short term (Intraday)

1,3610. EUR/USD currency pair broke 1,3720 support. EUR/USD currency pair is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR/USD currency pair. The downtrend should continue to gather momentum.

We could take a short position at 1,3650. We will put the stop loss above 1,3740 (-90 pips). The targets are 1,3540 (+110 pips, risk/reward 1:1.2), 1,3500 (+150 pips, risk/reward 1:1.7) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances 1,3660 – 1,3785
Supports 1,3600 – 1,3540

Short term (Intraday)

1,0893. USD/CAD currency pair is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD/CAD currency pair. The uptrend should continue to gather momentum.

We could take a long position at 1,0865. We will put the stop loss below 1,0770 (-95 pips). The targets are 1,0950 (+85 pips, risk/reward 1:0.9), 1,1000 (+135 pips, risk/reward 1:1.4).

Resistances 1,0900 – 1,0950
Supports 1,0860 – 1,0730