Mataf

EURUSD
1,3810. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a range between 1,3780 and 1,3845. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances
1,3820 - 1,3845
Supports
1,3800 - 1,3780

USDCHF
1,2042. 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 is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances
1,2045 - 1,2065 - 1,2080
Supports
1,2020 - 1,1980

USDJPY
120,26. USD JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 120,00. If the support is broken then the target will be 118,00.
=> We could take a short position at 120,40. We will put the stop loss above 120,70 (-30 pips). The targets are 120,00 (+40 pips) 119,40 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
120,40 - 120,60
Supports
120,00 - 119,80

GBPUSD
2,0592. 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 high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should continue to consolidate. The price should continue to move in 2,0550 / 2,0670 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
2,0600 - 2,0620
Supports
2,0560 - 2,0550