Mataf

EUR/USD - Euro Dollar
1,4484. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,4380 (110 pips) support.
=> We could take a short position at 1,4500. We will put the stop loss above 1,4550 (-50 pips). The targets are 1,4450 (+50 pips) 1,4330 (+120 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,4525 - 1,4560
Supports
1,4460 - 1,4380

GBP/USD - British Pound Dollar
1,7796. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,7500 (300 pips) support.
=> We could take a short position at 1,7800. We will put the stop loss above 1,7870 (-70 pips). The targets are 1,7790 (+110 pips) 1,7500 (+300 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
Resistances
1,7970 - 1,8080
Supports
1,7785 - 1,7700

USD/CAD - US Dollar Canadian Dollar
1,0721. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The price is just bellow 1,0750 resistance. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. If the resistance is broken then the target will be 1,1000 (280 pips).
We are waiting for a break of resistance to take a long position.
Resistances
1,0750 - 1,0800
Supports
1,0660 - 1,0560

USD/CHF - Dollar Swiss Franc
1,1118. USD CHF broke 1,1040 resistance. 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, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue on 1,1300 (180 pips) resistance.
=> We could take a long position at 1,1100. We will put the stop loss below 1,1060 (-40 pips). The targets are 1,1200 (+100 pips) 1,1300 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,1130 - 1,1200
Supports
1,1060 - 1,1040

USD/JPY - Dollar Yen
108,99. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in 107,60 / 110,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
109,20 - 110,00
Supports
108,60 - 107,60