| Jan 27, 2008 07:00PM ET
1,4739. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,4650 and 1,4780. The volatility is low. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,4780 - 1,4820
Supports
1,4700 - 1,4650
more information on EUR/USD - Euro Dollar Click Here
1,0916. USD CHF is in a range between 1,0850 and 1,1000. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,0940 - 1,1000
Supports
1,0900 - 1,0850
more information on USD/CHF - Dollar Swiss Franc Click Here
106,88. USD JPY is in a range between 105,50 and 108,00. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 105,50 / 108,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
107,10 - 108,00
Supports
106,00 - 105,50
more information on USD/JPY - Dollar Yen Click Here
1,0071. USD CAD 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. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should find a support above 1,0000. If the support is broken then the target will be 0,9850 (220 pips).
Resistances
1,0130 - 1,0150
Supports
1,0050 - 1,0000
more information on USD/CAD - US Dollar Canadian Dollar Click Here
1,4846. EUR CAD is in an uptrend which support is 1,4700 and resistance is 1,5000. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The downtrend should continue to gather momentum. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4880 - 1,5000
Supports
1,4800 - 1,4700
more information on EUR/CAD - Euro Canadian Dollar Click Here
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