Mataf

GBP/USD - British Pound Dollar
2,0643. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to consolidate. The price should continue to move in 2,0500 / 2,0730 range.

Resistances
2,0665 - 2,0730
Supports
2,0600 - 2,0530

USD/CHF - Dollar Swiss Franc
1,1260. 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 daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to consolidate. The price should continue to move in 1,1200 / 1,1350 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,1275 - 1,1300
Supports
1,1250 - 1,1210

USD/JPY - Dollar Yen
110,06. 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 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 110,60. The downtrend should continue to gather momentum.
=> We could take a short position at 110,20. We will put the stop loss above 110,60 (-40 pips). The targets are 109,20 (+100 pips) 108,20 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
110,50 - 111,40
Supports
109,80 - 109,20

EUR/USD - Euro Dollar
1,4583. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The price is just above 1,4525 support. The volatility decreases. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to consolidate. The price should continue to move in 1,4525 / 1,4600 range. We won't take a position.

Resistances
1,4600 - 1,4620
Supports
1,4560 - 1,4525

EUR/CHF - Euro Swiss Franc
1,6430. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The downtrend seems to be finished. The price should continue to consolidate.
[arbitrage EUR USD/ USD CHF] : We expect similar (inverted) moves on EUR USD and USD CHF..

Resistances
1,6440 - 1,6490
Supports
1,6400 - 1,6380