EUR/USD - Euro Dollar
1,4750. 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. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The consolidation should continue. The price should find a support above 1,4710. If the support is broken then the target will be 1,4600 (150 pips).
Resistances
1,4775 - 1,4830
Supports
1,4730 - 1,4710
GBP/USD - British Pound Dollar
2,0626. GBP USD is in a range between 2,0600 and 2,0800. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should find a support above 2,0600. If the support is broken then the target will be 2,0380 (245 pips).
=> We could take a short position at 2,0630. We will put the stop loss above 2,0680 (-50 pips). The targets are 2,0550 (+80 pips) 2,0470 (+160 pips) 2,0380 (+250 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.
Resistances
2,0670 - 2,0750
Supports
2,0600 - 2,0550
USD/CHF - Dollar Swiss Franc
1,1211. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue to gather momentum. The price should find a resistance below 1,1220. If the resistance is broken then the target will be 1,1300 (90 pips).
Resistances
1,1220 - 1,1265
Supports
1,1160 - 1,1100