Mataf

EUR/USD - Euro Dollar
1,4727. EUR USD is in a range between 1,4580 and 1,4750. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4750. The consolidation should continue. If the resistance is broken then the target will be 1,5000.

Resistances
1,4750 - 1,4780
Supports
1,4690 - 1,4640

GBP/JPY - British Pound Yen
217,18. GBP JPY is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue to gather momentum.
=> We could take a short position at 217,20. We will put the stop loss above 218,00 (-80 pips). The targets are 215,00 (+220 pips) 214,50 (+270 pips) 212,50 (+470 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances
217,70 - 218,00
Supports
216,50 - 215,00

GBP/USD - British Pound Dollar
1,9814. GBP USD is in a range between 1,9780 and 1,9900. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. If the support is broken then the target will be 1,9500 (310 pips).

Resistances
1,9835 - 1,9900
Supports
1,9780 - 1,9760

USD/CAD - US Dollar Canadian Dollar
0,9946. There is an horizontal range between 0,9860 and 0,9950. Support and resistance are given by Bollinger bands. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. We won't take a position.

Resistances
0,9950 - 1,0000
Supports
0,9890 - 0,9870

USD/CHF - Dollar Swiss Franc
1,1187. 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 decreases. Bollinger bands are tightened. 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 1,1190. We will put the stop loss above 1,1225 (-35 pips). The targets are 1,1120 (+70 pips) 1,1000 (+190 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Resistances
1,1200 - 1,1225
Supports
1,1150 - 1,1120