Mataf

EUR/USD - Euro Dollar
1,4665. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,4510 and 1,4730. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The target is expected at 1,4800 (130 pips).
=> We could take a long position at 1,4660. We will put the stop loss below 1,4610 (-50 pips). The targets are 1,4730 (+70 pips) 1,4800 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
1,4670 - 1,4730
Supports
1,4650 - 1,4570

GBP/USD - British Pound Dollar
2,0790. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum. The target is expected at 2,0870 (80 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
2,0800 - 2,0870
Supports
2,0685 - 2,0650

USD/CHF - Dollar Swiss Franc
1,1220. 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 rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (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 1,1225. We will put the stop loss above 1,1260 (-35 pips). The targets are 1,1150 (+75 pips) 1,1100 (+125 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances
1,1235 - 1,1260
Supports
1,1210 - 1,1200