Mataf

EUR/USD - Euro Dollar
1,5536. 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. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5580. The downtrend should continue to gather momentum.
=> We could take a short position at 1,5540. We will put the stop loss above 1,5580 (-40 pips). The targets are 1,5470 (+70 pips) 1,5440 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,5570 - 1,5660
Supports
1,5530 - 1,5470

GBP/USD - British Pound Dollar
1,9739. GBP USD is in a range between 1,9690 and 1,9830. GBP USD 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 1,9690 / 1,9825 range. We won't take a position.
Resistances
1,9770 - 1,9830
Supports
1,9690 - 1,9640

USD/CAD - US Dollar Canadian Dollar
0,9959. USD CAD is in a consolidation after the last bullish movement. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are parallel and form the trend. Oscillators are neutral. The price should continue to move in 0,9860 / 0,9970 range. We won't take a position.
Resistances
0,9970 - 1,0000
Supports
0,9920 - 0,9860

USD/CHF - Dollar Swiss Franc
1,0434. USD CHF broke 1,0475 support. USD CHF is in a consolidation after the last bullish movement. The volatility is high. Oscillators are neutral. The price should continue to move in 1,0400 / 1,0550 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0450 - 1,0525
Supports
1,0410 - 1,0365

USD/JPY - Dollar Yen
105,42. 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. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 106,00 (55 pips). The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
105,80 - 106,00
Supports
105,25 - 104,90