EURUSD
1,3819. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a range between 1,3760 and 1,3845. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The uptrend seems to be finished. The price should continue to move in 1,3760 / 1,3850 range. If the support is broken then the target will be 1,3700. We won't take a position.
Resistances
1,3830 - 1,3845
Supports
1,3815 - 1,3800
USDCHF
1,2047. USD CHF is in a range between 1,1980 and 1,2080. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 1,1985 / 1,2080 range. We won't take a position.
Resistances
1,2050 - 1,2080
Supports
1,2025 - 1,2000 - 1,1980
USDJPY
120,49. USD JPY 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, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The target is expected at 120,00 (50 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
120,70 - 120,80 - 121,10
Supports
120,35 - 120,00
GBPUSD
2,0635. GBP 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 GBP USD. The uptrend should continue to gather momentum. The target is expected at 2,0700 (65 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
2,0645 - 2,0700
Supports
2,0620 - 2,0600