EURUSD
1,3473. 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 is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,3510. The downtrend should continue to gather momentum.
=> We could take a short position at 1,3480. We will put the stop loss above 1,3515 (-35 pips). The targets are 1,3400 (+80 pips) 1,3380 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,3485 - 1,3500
Supports
1,3460 - 1,3445
USDCHF
1,2048. USD CHF is in an downtrend directed by 15min exponential moving averages. USD CHF is in a range between 1,2035 and 1,2085. The volatility is low. Bollinger bands are flat. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. If the support is broken then the target will be 1,1900.
=> We could take a short position at 1,2050. We will put the stop loss above 1,2085 (-35 pips). The targets are 1,1980 (+70 pips) 1,1925 (+125 pips) 1,1900 (+150 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.
Resistances
1,2070 - 1,2085
Supports
1,2040 - 1,2000
USDJPY
114,85. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. USD JPY is in a range between 114,25 and 115,40. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 115,40. The downtrend should continue to gather momentum.
=> We could take a short position at 115,00. We will put the stop loss above 115,40 (-40 pips). The targets are 114,40 (+60 pips) 114,00 (+100 pips) 113,00 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
115,25 - 115,40
Supports
114,80 - 114,60
GBPUSD
1,9841. GBP USD is in an downtrend directed by 15min exponential moving averages. GBP USD is in a consolidation after the last bearish movement. GBP USD is in a range between 1,9770 and 1,9900. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to consolidate. The price should continue to move in Bollinger bands. The price should find a support above 1,9820. If the support is broken then the target will be 1,9700 (140 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9885 - 1,9900
Supports
1,9820 - 1,9790