Mataf

EURUSD
1,3796. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a resistance below 1,3850 (55 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,3810 - 1,3850
Supports
1,3780 - 1,3755

USDCHF
1,1865. 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 low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum.
=> We could take a short position at 1,1870. We will put the stop loss above 1,1905 (-35 pips). The targets are 1,1800 (+70 pips) 1,1720 (+150 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
1,1880 - 1,1900
Supports
1,1850 - 1,1825

USDJPY
113,72. 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 low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 114,00. The downtrend should continue to gather momentum.
=> We could take a short position at 113,80. We will put the stop loss above 114,20 (-40 pips). The targets are 112,70 (+90 pips) 112,10 (+170 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
113,90 - 114,10
Supports
113,40 - 112,85

GBPUSD
2,0276. GBP USD is in an uptrend which support is 2,0100 and resistance is 2,0315. The price is just bellow 2,0315 resistance. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The price should find a resistance below 2,0315. 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
2,0280 - 2,0315
Supports
2,0260 - 2,0160