Mataf

EURUSD
1,3487. EUR USD is in an downtrend directed by 4H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,3450 and 1,3520. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position.

Resistances
1,3500 - 1,3520
Supports
1,3480 - 1,3450

USDCHF
1,2060. USD CHF is in a range between 1,2020 and 1,2070. 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 Bollinger bands. We won't take a position.

Resistances
1,2070 - 1,2085
Supports
1,2050 - 1,2020

USDJPY
114,42. 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 114,10 and 115,40. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 114,10 / 115,40 range. If the support is broken then the target will be 112,00 (+240 pips).
=> We could take a short position at 114,45. We will put the stop loss above 114,80 (-35 pips). The targets are 113,90 (+55 pips) 113,30 (+115 pips) 112,00 (+245 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
114,45 - 114,60
Supports
114,20 - 114,00

GBPUSD
1,9840. GBP USD is in an downtrend directed by 4H 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. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to consolidate. The price should continue to move in 1,9770 / 1,9900 range. If the support is broken then the target will be 1,9500. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,9900 - 1,9960
Supports
1,9800 - 1,9770