Mataf

EURUSD
1,3712. EUR USD broke 1,3800 support. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should continue to consolidate. The price should find a support above 1,3680. If the support is broken then the target will be 1,3590 (120 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,3730 - 1,3750
Supports
1,3700 - 1,3680

USDCHF
1,2142. USD CHF broke 1,2080 resistance. USD CHF broke the downtrend to begin a bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should consolidate. The price should find a resistance below 1,2170/1,2200. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,2170 - 1,2200
Supports
1,2110 - 1,2050

USDJPY
120,66. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to consolidate. The price should continue to move in 119,90 / 121,40 range. We won't take a position.

Resistances
120, 90 - 121,40
Supports
120,35 - 120,00

GBPUSD
2,0512. GBP USD broke 2,0550 support. GBP USD is in an uptrend supported by 4H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 2,0480 / 2,0550 range. If the support is broken then the target will be 2,0400 (110 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
2,0550 - 2,0600
Supports
2,0490 - 2,0480