Mataf

EURUSD
1,3778. EUR USD broke 1,3700 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The price should find a resistance below 1,3800 / 1,3850 (70 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,3800 - 1,3850
Supports
1,3750 - 1,3700

USDCHF
1,1868. USD CHF broke 1,2000 support. USD CHF is in an downtrend directed by 1H exponential moving averages. 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 1,1875. We will put the stop loss above 1,1915 (-40 pips). The targets are 1,1800 (+75 pips) 1,1750 (+125 pips) 1,1720 (+155 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
1,1895 - 1,1915
Supports
1,1850 - 1,1810

USDJPY
113,30. USD JPY broke 114,80 support. USD JPY is in an downtrend directed by 1H 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, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
=> We could take a short position at 113,25. We will put the stop loss above 113,55 (-30 pips). The targets are 112,50 (+75 pips) 112,00 (+125 pips) 111,10 (+215 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
113,70 - 114,40
Supports
112,70 - 112,00

GBPUSD
2,0294. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The price is just bellow 2,0300 resistance. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should consolidate. The price should find a resistance below 2,0310. If the resistance is broken then the target will be 2,0500. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
2,0310 - 2,0350
Supports
2,0250 - 2,0220