Mataf

EURUSD
1,3826. EUR USD broke 1,3720 resistance. EUR USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,3850/60. We won't take a position.

Resistances
1,3840 - 1,3850
Supports
1,3800 - 1,3760

USDCHF
1,1854. USD CHF broke 1,2000 support. USD CHF is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum.
=> We could take a short position at 1,1860. We will put the stop loss above 1,1890 (-30 pips). The targets are 1,1800 (+60 pips) 1,1730 (+130 pips) 1,1700 (+160 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
1,1860 - 1,1890 - 1,1950
Supports
1,1840 - 1,1820

USDJPY
117,54. USD JPY broke 117,75 support. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. 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 on 116,00 support.
=> We could take a short position at 117,60. We will put the stop loss above 117,90 (-30 pips). The targets are 117,00 (+60 pips) 116,50 (+110 pips) 116,00 (+160 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
117,75 - 118,00
Supports
117,35 - 117,25 - 116,45

GBPUSD
2,0434. GBP USD is in an uptrend supported by 15min exponential moving averages. GBP USD is in a consolidation after the last bullish movement. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue on 2,0500 resistance. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
2,0450 - 2,0500 - 2,0520
Supports
2,0400 - 2,0380