Google

Thursday, 3 April 2008

Mataf

EUR/USD - Euro Dollar
1,5599. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. The price should find a support above 1,5500. If the support is broken then the target will be 1,5340.
Resistances
1,5625 - 1,5700
Supports
1,5520 - 1,5470

GBP/USD - British Pound Dollar
1,9851. GBP USD is in a consolidation after the last bullish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9860 - 1,9900
Supports
1,9775 - 1,9740

USD/CAD - US Dollar Canadian Dollar
1,0131. USD CAD is in a consolidation after the last bearish movement. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,0100. If the support is broken then the target will be 0,9950.
Resistances
1,0150 - 1,0170
Supports
1,0100 - 1,0060

USD/CHF - Dollar Swiss Franc
1,0139. 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 high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,0200. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0165 - 1,0220
Supports
1,0125 - 1,0075

USD/JPY - Dollar Yen
102,21. USD JPY is in an uptrend supported by 1H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should find a resistance below 103,00. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
103,00 - 103,50
Supports
102,10 - 101,50