Mataf

EUR/USD - Euro Dollar
1,4672. EUR USD is in a triangle pattern. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4680. If the resistance is broken then the target will be 1,4800 (120 pips) - 1,4900 (220 pips).

Resistances
1,4680 - 1,4700 - 1,4750
Supports
1,4640 - 1,4590

GBP/USD - British Pound Dollar
2,0510. GBP USD is in a consolidation after the last bearish movement. GBP USD is in a range between 2,0375 and 2,0565. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.

Resistances
2,0565 - 1,0650
Supports
2,0450 - 2,0375

USD/CHF - Dollar Swiss Franc
1,1169. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 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 1,1170. We will put the stop loss above 1,1210 (-40 pips). The targets are 1,1110 (+60 pips) 1,1030 (+140 pips) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances
1,1175 - 1,1195
Supports
1,1150 - 1,1130

USD/JPY - Dollar Yen
110,13. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 109,50. If the support is broken then the target will be 108,80.
=> We could take a short position at 110,20. We will put the stop loss above 110,70 (-50 pips). The targets are 109,20 (+100 pips) 108,80 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
110,30 - 110,50
Supports
109,60 - 109,20

EUR/CAD - Euro Canadian Dollar
1,4407. EUR CAD is in an uptrend supported by 1H exponential moving averages. The price is just bellow 1,4450 resistance. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The price should find a resistance below 1,4450. If the resistance is broken then the target will be 1,4600 (200 pips).

Resistances
1,4450 - 1,4500
Supports
1,4360 - 1,4230