EURUSD
1,3795. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,3765 and 1,3820. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The uptrend should continue to gather momentum.
=> We could take a long position at 1,3795. We will put the stop loss below 1,3760 (-35 pips). The targets are 1,3850 (+55 pips) 1,3900 (+105 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,3820 - 1,3830
Supports
1,3790 - 1,3760
USDCHF
1,2016. 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 1,1980 and 1,2040. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. The price should find a support above 1,1980. If the support is broken then the target will be 1,1800.
=> We could take a short position at 1,2020. We will put the stop loss above 1,2050 (-30 pips). The targets are 1,1980 (+40 pips) 1,1900 (+120 pips) 1,1800 (+220 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,2020 - 1,2050
Supports
1,1980 - 1,1960
USDJPY
121,93. USD JPY is in a range between 121,70 and 122,20. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
122,00 - 122,30
Supports
121,70 - 121,60
GBPUSD
2,0526. 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 decreases. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum.
=> We could take a long position at 1,0525. We will put the stop loss below 1,0495 (-30 pips). The targets are 2,0600 (+75 pips) 2,0650 (+125 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
Resistances
2,0550 - 2,0600
Supports
2,0510 - 2,0470