Mataf

GBP/USD - British Pound Dollar
1,9904. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,9830. The uptrend should continue to gather momentum.
=> We could take a long position at 1,9890. We will put the stop loss below 1,9830 (-60 pips). The targets are 2,0000 (+110 pips) 2,0180 (+290 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,9925 - 1,9950
Supports
1,9880 - 1,9830

USD/CAD - US Dollar Canadian Dollar
1,0197. USD CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,0130 / 1,0250 range. We won't take a position.
Resistances
1,0215 - 1,0250
Supports
1,0165 - 1,0130

USD/CHF - Dollar Swiss Franc
1,0210. 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 is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0230. The downtrend should continue to gather momentum.
=> We could take a short position at 1,0210. We will put the stop loss above 1,0240 (-30 pips). The targets are 1,0140 (+70 pips) 1,0000 (+210 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,0225 - 1,0240
Supports
1,0185 - 1,0135

USD/JPY - Dollar Yen
106,01. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should find a resistance below 106,50. The consolidation should continue. The price should continue to move in 105,00 / 106,50 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
106,50 - 107,20
Supports
105,90 - 105,00