Mataf

EURUSD
1,3828. EUR USD broke 1,3800 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The target is expected at 1,3950.
=> We could take a long position at 1,3820. We will put the stop loss below 1,3790 (-30 pips). The targets are 1,3900 (+80 pips) 1,3950 (+130 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances
1,3830 - 1,3900
Supports
1,3800 - 1,3785

USDCHF
1,1972. USD CHF broke 1,2000 support. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The target is expected at 1,1800.
=> We could take a short position at 1,1975. We will put the stop loss above 1,2005 (-30 pips). The targets are 1,1900 (+75 pips) 1,1800 (+175 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
1,1990 - 1,2000
Supports
1,1960 - 1,1945

USDJPY
121,71. USD JPY is in a range between 121,60 and 122,50. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a support above 121,60. If the support is broken then the target will be 121,00 (70 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
121,75 - 122,10
Supports
121,60 - 121,35

GBPUSD
2,0544. GBP 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, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 2,0560. The price should consolidate. We won't take a position while the volatility is high. The risk/reward ratio is too high to take a position..

Resistances
2,0550 - 2,0590
Supports
2,0540 - 2,0500