EURUSD
1,3434. 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. The downtrend should continue to gather momentum.
=> We could take a short position at 1,3440. We will put the stop loss above 1,3470 (-30 pips). The targets are 1,3380 (+60 pips) 1,3300 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,3440 - 1,3460
Supports
1,3400 - 1,3380
USDCHF
1,2179. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should continue to consolidate. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,2200 - 1,2220
Supports
1,2170 - 1,2130
USDJPY
116,08. 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 to gather momentum.
=> We could take a short position at 116,10. We will put the stop loss above 116,40 (-30 pips). The targets are 115,30 (+80 pips) 115,00 (+110 pips) 114,00 (+210 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
116,30 - 116,75
Supports
115,75 - 115,30
GBPUSD
1,9830. GBP USD 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 GBP USD. The downtrend should continue on 1,9600 support.
=> We could take a short position at 1,9835. We will put the stop loss above 1,9870 (-35 pips). The targets are 1,9770 (+65 pips) 1,9700 (+135 pips) 1,9600 (+235 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,9860 - 1,9900
Supports
1,9800 - 1,9770