EURUSD
1,3598. EUR USD broke 1,3620 support. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,3560 / 1,3700 range. We won't take a position.
Resistances
1,3610 - 1,3650
Supports
1,3570 - 1,3560
USDCHF
1,2015. There is an horizontal range between 1,1975 and 1,2040. Support and resistance are given by Bollinger bands. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,2035 - 1,2045
Supports
1,2010 - 1,1995
USDJPY
114,38. USD JPY broke 115,30 support. USD JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 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. The price should find a support above 114,00.
=> We could take a short position at 114,50. We will put the stop loss above 114,85 (-35 pips). The targets are 113,90 (+60 pips) 113,30 (+120 pips) 112,60 (+190 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
114,55 - 114,95 - 115,20
Supports
114,20 - 114,00 - 113,90
GBPUSD
2,0019. GBP USD broke 2,0050 support. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,9975 / 2,0090 range. If the support is broken then the target will be 1,9800. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
2,0040 - 2,0090
Supports
1,9980 - 1,9970