Mataf

EURUSD
1,3496. EUR USD broke 1,3450 resistance. EUR USD is in an downtrend directed by 4H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 1,3450 / 1,3520 range. We won't take a position.

Resistances
1,3510 - 1,3520
Supports
1,3475 - 1,3450

USDCHF
1,2067. USD CHF broke 1,2130 support. USD CHF is in a consolidation after the last bearish movement. 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 find a support above 1,2040. The price should continue to move in Bollinger bands. If the support is broken then the target will be 1,1900. We won't take a position.

Resistances
1,2080 - 1,2100
Supports
1,2050 - 1,2040

USDJPY
114,59. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY broke the uptrend to begin a bearish movement. USD JPY is in a range between 112,00 and 115,00. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 115,00. The downtrend should continue to gather momentum.
=> We could take a short position at 114,70. We will put the stop loss above 115,10 (-40 pips). The targets are 113,80 (+90 pips) 113,00 (+170 pips) 112,00 (+270 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
114,90 - 115,00 - 115,40
Supports
114,00 - 113,65

GBPUSD
1,9855. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,9880 / 1,9900. The downtrend should continue to gather momentum.
=> We could take a short position at 1,9870. We will put the stop loss above 1,9910 (-40 pips). The targets are 1,9800 (+70 pips) 1,9700 (+170 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
1,9880 - 1,9900 - 1,9950
Supports
1,9800 - 1,9770