EURUSD
1,3783. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The price is just bellow 1,3800 resistance. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,3800. If the resistance is broken then the target will be 1,3950.
=> We could take a long position at 1,3785. We will put the stop loss below 1,3755 (-30 pips). The targets are 1,3850 (+65 pips) 1,3950 (+165 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
Resistances
1,3790 - 1,3800
Supports
1,3770 - 1,3755
USDCHF
1,2022. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. USD CHF is in a range between 1,2000 and 1,2040. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,2000. If the support is broken then the target will be 1,1800 (220 pips).
=> We could take a short position at 1,2025. We will put the stop loss above 1,2055 (-30 pips). The targets are 1,1950 (+75 pips) 1,1900 (+125 pips) 1,1800 (+225 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,2040 - 1,2050
Supports
1,2000 - 1,1975
USDJPY
121,93. USD JPY is in a range between 121,50 and 122,60. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. If the support is broken then the target will be 121,00 (90 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
122,10 - 122,20 - 122,60
Supports
121,90 - 121,50
GBPUSD
2,0368. 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 is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The target is expected at 2,0500.
=> We could take a long position at 2,0370. We will put the stop loss below 2,0340 (-30 pips). The targets are 2,0450 (+80 pips) 2,0500 (+130 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
Resistances
2,0375 - 2,0400
Supports
2,0350 - 2,0330