Google

Thursday, 2 August 2007

Mataf

EURUSD
1,3660. EUR USD is in a range between 1,3650 and 1,3730. EUR USD 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
1,3670 - 1,3685 - 1,3705
Supports
1,3650 - 1,3610

USDCHF
1,2032. USD CHF is in a range between 1,1990 and 1,2060. 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 1,1990 / 1,2060 range. We won't take a position.

Resistances
1,2050 - 1,2060
Supports
1,2025 - 1,1990

USDJPY
118,51. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a range between 118,00 and 119,40. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 118,00 / 119,40 range. If the support is broken then the target will be 116,00. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
118,70 - 119,20 - 119,40
Supports
118,30 - 118,00

GBPUSD
2,0318. GBP USD is in a range between 2,0200 and 2,0350. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 2,0200 / 2,0350 range. We won't take a position.

Resistances
2,0330 - 2,0350
Supports
2,0280 - 2,0220