Mataf

EURUSD
1,3500. EUR USD 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. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. The target is expected at 1,3300.
=> We could take a short position at 1,3500. We will put the stop loss above 1,3535 (-35 pips). The targets are 1,3450 (+50 pips) 1,3400 (+100 pips) 1,3300 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
1,3500 - 1,3530
Supports
1,3475 - 1,3465

USDCHF
1,2118. USD CHF is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. 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 find a resistance below 1,2160 (35 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,2135 - 1,2160
Supports
1,2110 - 1,2085

USDJPY
116,82. USD JPY broke 117,30 support. USD JPY is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 115,50 support.
=> We could take a short position at 117,00. We will put the stop loss above 117,30 (-30 pips). The targets are 116,00 (100 pips) 115,50 (+150 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
117,30 - 117,80
Supports
116,60 - 116,00

GBPUSD
1,9886. GBP USD 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. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,9600 support.
=> We could take a short position at 1,9900. We will put the stop loss above 1,9935 (-35 pips). The targets are 1,9830 (+70 pips) 1,9800 (+100 pips) 1,9700 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
1,9910 - 1,9930
Supports
1,9865 - 1,9830