Mataf

EUR/USD - Euro Dollar
1,4296. 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, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4310. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4310 - 1,4350
Supports
1,4280 - 1,4240

GBP/JPY - British Pound Yen
235,53. GBP JPY broke the uptrend to begin a bearish movement. 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 GBP JPY. The downtrend should continue on 233,50 support.
=> We could take a short position at 235,60. We will put the stop loss above 236,15 (-55 pips). The targets are 234,60 (+100 pips) 233,50 (+210 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
235,90 - 236,80
Supports
235,30 - 234,60

GBP/USD - British Pound Dollar
2,0471. GBP USD broke 2,0450 resistance. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum. The price should find a support above 2,0450.
=> We could take a long position at 2,0450. We will put the stop loss below 2,0415 (-35 pips). The targets are 2,0515 (+65 pips) 2,0580 (+130 pips) 2,0600 (+150 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
2,0500 - 2,0515
Supports
2,0450 - 2,0420

USD/CAD - US Dollar Canadian Dollar
0,9737. USD CAD is in an downtrend directed by 4H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. USD CAD is in a range between 0,9710 and 0,9810. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to consolidate. If the support is broken then the target will be 0,9650 (90 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,9750 - 0,9810
Supports
0,9725 - 0,9710

USD/CHF - Dollar Swiss Franc
1,1682. 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 decreases. Bollinger bands are tightened. 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. The price should find a support above 1,1620 (60 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,1710 - 1,1780
Supports
1,1660 - 1,1620