Mataf

EUR/USD - Euro Dollar
1,4622. 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 1,4520 and 1,4720. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,4520 / 1,4720 range. We won't take a position.

Resistances
1,4645 - 1,4720
Supports
1,4610 - 1,4520

GBP/USD - British Pound Dollar
2,0450. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 2,0300 (150 pips) support.

Resistances
2,0460 - 2,0495
Supports
2,0410 - 2,0370

USD/CAD - US Dollar Canadian Dollar
0,9854. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue on 1,0000 (150 pips) resistance.
=> We could take a long position at 0,9840. We will put the stop loss below 0,9805 (-35 pips). The targets are 0,9960 (+120 pips) 1,0000 (+160 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
0,9890 - 0,9960
Supports
0,9830 - 0,9780

USD/CHF - Dollar Swiss Franc
1,1221. 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, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a resistance below 1,1250 / 1,1300.
=> We could take a short position at 1,1220. We will put the stop loss above 1,1260 (-40 pips). The targets are 1,1170 (+50 pips) 1,1090 (+130 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
1,1230 - 1,1250
Supports
1,1210 - 1,1180

USD/JPY - Dollar Yen
110,03. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. USD JPY is in a range between 109,25 and 111,70. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 109,25 (75 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
110,20 - 110,80
Supports
109,90 - 109,25