EURUSD
1,3800. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a resistance below 1,3830. If the resistance is broken then the target will be 1,3950.
=> We could take a long position at 1,3800. We will put the stop loss below 1,3770 (-30 pips). The targets are 1,3850 (+50 pips) 1,3900 (+100 pips) 1,3950 (+150 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,3810 - 1,3830
Supports
1,3790 - 1,3765
USDCHF
1,2039. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a range between 1,1980 and 1,2060. The volatility is low. Oscillators are neutral. The price should find a resistance below 1,2050. The downtrend should continue to gather momentum.
=> We could take a short position at 1,2040. We will put the stop loss above 1,2070 (-30 pips). The targets are 1,1980 (+60 pips) 1,1900 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,2050 - 1,2065
Supports
1,2025 - 1,2000
USDJPY
122,22. USD JPY is in a range between 121,70 and 122,30. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
122,30 - 122,40
Supports
122,00 - 121,70
GBPUSD
2,0493. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The price is just above 2,0470 support. 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.
=> We could take a long position at 2,0490. We will put the stop loss below 2,0460 (-30 pips). The targets are 2,0550 (+60 pips) 2,0600 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
Resistances
2,0500 - 2,0525 - 2,0550
Supports
2,0475 - 2,0460