Mataf

EURUSD
1,3637. EUR USD consolidate until the 38,20% retracement. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should continue to consolidate. The price should find a support above 1,3615. If the support is broken then the target will be 1,3550 (90 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,3645 - 1,3660
Supports
1,3615 - 1,3570

USDCHF
1,2074. USD CHF is in a range between 1,2020 and 1,2150. 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 Bollinger bands. We won't take a position.

Resistances
1,2100 - 1,2140
Supports
1,2055 - 1,2030

USDJPY
118,43. 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 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 117,50 support.
=> We could take a short position at 118,50. We will put the stop loss above 118,80 (-30 pips). The targets are 118,00 (+50 pips) 117,50 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
118,60 - 118,75
Supports
118,30 - 118,00

GBPUSD
2,0218. GBP USD consolidate until the 50% retracement. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum. The price should find a support above 1,0160 (60 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
2,0250 - 2,0300
Supports
2,0200 - 2,0150