EURUSD
1,3869. 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 is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to consolidate. The price should find a support above 2,0140/50. If the support is broken then the target will be 1,3760 (110 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,3890 - 1,3910
Supports
1,3850 - 1,3760
USDCHF
1,1864. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. USD CHF is in a range between 1,1820 and 1,1900. The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (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
1,1900 - 1,1930
Supports
1,1845 - 1,1800
USDJPY
115,08. USD JPY is in a consolidation after the last bullish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to consolidate. The price should find a resistance below 115,90 (80 pips). We won't take a position.
Resistances
115,20 -115,50 - 115,90
Supports
114,50 - 114,00
GBPUSD
2,0193. GBP USD broke 2,0240 support. GBP USD is in a consolidation after the last bearish movement. The price is just above 2,0150 support. The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to consolidate. The price should find a support above 2,0140/50. If the support is broken then the target will be 2,0000. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
2,0220 - 2,0240
Supports
2,0170 - 2,0150