EUR/USD - Euro Dollar, American Session - 31/01/08
1,4891. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4900. If the resistance is broken then the target will be 1,5000 (110 pips).
Resistances
1,4900- […]
USD/JPY - Dollar Yen, American Session - 31/01/08
105,83. USD JPY broke 106,00 support. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The target is expected at 105,00 (80 […]
USD/CHF - Dollar Swiss Franc, American Session - 31/01/08
1,0786. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility decreases. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The price should find a support above 1,0730 […]
GBP/JPY - British Pound Yen, American Session - 31/01/08
211,11. GBP JPY is in a range between 210,50 and 213,70. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 210,50 / 213,70 range. If […]
USD/CAD - US Dollar Canadian Dollar, American Session - 31/01/08
0,9988. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 0,9900 / 1,0020 […]
EUR/CAD - Euro Canadian Dollar, American Session - 31/01/08
1,4858. EUR CAD is in an uptrend which support is 1,4620 and resistance is 1,4920. EUR CAD is in a consolidation after the last bearish movement. The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The consolidation should continue. The price should continue to move in 1,4700 / […]
European Mid Morning Update 31st January 2008
No runaway Dollar selling as yet…
Releases from Europe:
December Forecast ActualGerman Retail Sales (MoM) +1.7% - 0.1%German Retail Sales (YoY) - 4.2% - 6.9%French Producer Prices (MoM) +0.2% +0.2%French Producer Prices (YoY) +4.5% +4.5%
JanuaryU.K. Nationwide House Prices (MoM) - 0.4% - 0.1%U.K. Nationwide House Prices (YoY) +4.2% +4.2%
The Nationwide confirmed the decline in U.K. house […]
Read […]
EUR/USD - Euro Dollar, European Session - 31/01/08
1,4880. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a resistance below 1,4930 (50 pips).
Resistances
1,4900- […]
GBP/JPY - British Pound Yen, European Session - 31/01/08
211,73. GBP JPY is in a range between 210,50 and 213,70. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 210,30. If the support is broken then the […]
GBP/USD - British Pound Dollar, European Session - 31/01/08
1,9890. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should find a resistance below 1,9950. The consolidation should continue. We won’t take a position. The risk/reward ratio is […]
