Mataf

EUR/USD - Euro Dollar
1,4407. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The target is expected at 1,4300 (100 pips).

Resistances
1,4420 - 1,4450
Supports
1,4390 - 1,4340

USD/CAD - US Dollar Canadian Dollar
1,0057. USD CAD is in a range between 1,0010 and 1,0220. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances
1,0065 - 1,0120
Supports
1,0040 - 1,0010

EUR/CAD - Euro Canadian Dollar
1,4489. EUR CAD is in an downtrend directed by 1H exponential moving averages. EUR CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The consolidation should continue. The price should find a support above 1,4410. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4505 - 1,4575
Supports
1,4460 - 1,4410

AUD/USD - Australian Dollar US Dollar
0,8605. AUD USD is in an downtrend directed by 1H exponential moving averages. AUD USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 0,8620. The downtrend should continue on 0,8500 support.
=> We could take a short position at 0,8610. We will put the stop loss above 0,8655 (-45 pips). The targets are 0,8550 (+60 pips) 0,8500 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances
0,8620 - 0,8645
Supports
0,8550 - 0,8500