Mataf

EURUSD
1,3744. EUR USD is in a consolidation after the last bearish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,3710 / 1,3770 range. If the resistance is broken then the target will be 1,3850 (110 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,3750 - 1,3770
Supports
1,3735 - 1,3710

USDCHF
1,2045. USD CHF made a false break and continues the actual trend.. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,2020. If the support is broken then the target will be 1,1800 (240 pips).
=> We could take a short position at 1,2045. We will put the stop loss above 1,2075 (-30 pips). The targets are 1,1980 (+65 pips) 1,1940 (+105 pips) 1,1900 (+145 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

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

USDJPY
118,98. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The target is expected at 117,40 (160 pips).
=> We could take a short position at 119,00. We will put the stop loss above 119,30 (-30 pips). The targets are 118,00 (+100 pips) 117,40 (+160 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
119,25 - 119,75
Supports
118,80 - 118,00

GBPUSD
2,0446. GBP USD broke the uptrend to begin a bearish movement. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 2,0400. We won't take a position.

Resistances
2,0495 - 2,0510
Supports
2,0450 - 2,0425 - 2,0400