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Showing posts with label Mataf. Show all posts
Showing posts with label Mataf. Show all posts

Monday, 13 October 2008

Mataf

EUR/USD - Euro Dollar
1,3527. EUR USD is in an downtrend directed by 4H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The consolidation should continue. The price should continue to move in 1,3350 / 1,3660 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,3620 - 1,3660
Supports
1,3445 - 1,3300

GBP/USD - British Pound Dollar
1,7025. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,6800 / 1,7150 range. If the support is broken then the target will be 1,6600 (425 pips).
We are waiting for a break of the support to take a short position.
Resistances
1,7150 - 1,7240
Supports
1,6890 - 1,6800

USD/CAD - US Dollar Canadian Dollar
1,1757. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should continue to move in 1,1500 / 1,2000 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,1800 - 1,2000
Supports
1,1670 - 1,1500

USD/CHF - Dollar Swiss Franc
1,1356. USD CHF broke 1,1320 resistance. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should continue to move in 1,1130 / 1,1480 range. We won't take a position.
Resistances
1,1415 - 1,1485
Supports
1,1300 - 1,1230

USD/JPY - Dollar Yen
100,02. USD JPY is in a consolidation after the last bearish movement. USD JPY is in a range between 98,70 and 101,35. The volatility is high. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
100,85 - 101,35
Supports
99,30 - 98,70

Monday, 22 September 2008

Mataf

EUR/USD - Euro Dollar
1,4484. EUR USD 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. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should consolidate. The price should continue to move in 1,4250 / 1,4600 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,4550 - 1,4600
Supports
1,4380 - 1,4250

GBP/USD - British Pound Dollar
1,8286. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,8100. The uptrend should continue to gather momentum. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,8380 - 1,8500
Supports
1,8110 - 1,7920

USD/CAD - US Dollar Canadian Dollar
1,0488. USD CAD broke 1,0580 support. USD CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,0425. The consolidation should continue. If the support is broken then the target will be 1,0300.
We are waiting for a break of support to take a short position.

Resistances
1,0580 - 1,0670
Supports
1,0440 - 1,0380

USD/CHF - Dollar Swiss Franc
1,1017. USD CHF is in a range between 1,0900 and 1,1250. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,0900 / 1,1250 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,1110 - 1,1250
Supports
1,0980 - 1,0900

USD/JPY - Dollar Yen
106,60. USD JPY is in a consolidation after the last bullish movement. USD JPY 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 105,00 / 108,00 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
107,20 - 108,00
Supports
106,35 - 105,00

Tuesday, 2 September 2008

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

Monday, 1 September 2008

Mataf

EUR/USD - Euro Dollar
1,4621. EUR USD is in a range between 1,4570 and 1,4810. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. 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 price should find a support above 1,4570. The downtrend should continue on 1,4380 (240 pips) support.
We are waiting for a break of support to take a short position.
Resistances
1,4700 - 1,4810
Supports
1,4615 - 1,4575

GBP/USD - British Pound Dollar
1,8018. 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 to gather momentum. The target is expected at 1,7500.
=> We could take a short position at 1,8020. We will put the stop loss above 1,8100 (-80 pips). The targets are 1,7900 (+120 pips) 1,7900 (+220 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
Resistances
1,8100 - 1,8230
Supports
1,8000 - 1,7900

USD/CAD - US Dollar Canadian Dollar
1,0661. USD CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue on 1,0740 (+80 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0685 - 1,0740
Supports
1,0615 - 1,0560

USD/CHF - Dollar Swiss Franc
1,0991. USD CHF is in a range between 1,0900 and 1,1090. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 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
1,1000 - 1,1040
Supports
1,0945 - 1,0900

USD/JPY - Dollar Yen
107,87. USD JPY broke 108,25 support. USD JPY is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 107,25 (60 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
108,20 - 108,85
Supports
107,60 - 107,25

Friday, 1 August 2008

Mataf

EUR/USD - Euro Dollar
1,5559. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD made a false break and continues the actual trend.. EUR USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,5530. If the support is broken then the target will be 1,5350.
=> We could take a short position at 1,5570. We will put the stop loss above 1,5610 (-40 pips). The targets are 1,5500 (+70 pips) 1,5400 (+170 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,5575 - 1,5620
Supports
1,5535 - 1,5500

GBP/USD - British Pound Dollar
1,9825. GBP USD is in a range between 1,9760 and 1,9840. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should find a resistance below 1,9865.
=> We could take a short position at 1,9840. We will put the stop loss above 1,9885 (-45 pips). The targets are 1,9750 (+110 pips) 1,9700 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,9850 - 1,9880
Supports
1,9800 - 1,9760

USD/CAD - US Dollar Canadian Dollar
1,0240. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD 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 consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,0250 - 1,0275
Supports
1,0230 - 1,0210

USD/CHF - Dollar Swiss Franc
1,0489. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF made a false break and continues the actual trend.. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue to gather momentum.
=> We could take a long position at 1,0480. We will put the stop loss below 1,0450 (-30 pips). The targets are 1,0550 (+70 pips) 1,0600 (+120 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,0500 - 1,0550
Supports
1,0460 - 1,0440

USD/JPY - Dollar Yen
107,59. USD JPY is in a range between 107,30 and 108,30. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should find a support above 107,30. If the support is broken then the target will be 106,50. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
107,90 - 108,30
Supports
107,30 - 106,50

Tuesday, 1 July 2008

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

Wednesday, 25 June 2008

Mataf

EUR/USD - Euro Dollar
1,5594. EUR USD is in a range between 1,5470 and 1,5650. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,5470 / 1,5650 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5610 - 1,5650
Supports
1,5560 - 1,5470

GBP/USD - British Pound Dollar
1,9716. 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 (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,9750 - 1,9790
Supports
1,9660 - 1,9580

USD/CAD - US Dollar Canadian Dollar
1,0121. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,0100. The consolidation should continue. If the support is broken then the target will be 1,0000 (120 pips).
We are waiting for a break of support to take a short position.
Resistances
1,0140 - 1,0160
Supports
1,0110 - 1,0080

USD/CHF - Dollar Swiss Franc
1,0398. USD CHF is in a range between 1,0300 and 1,0480. USD CHF 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 1,0300 / 1,0480 range. We won't take a position.
Resistances
1,0430 - 1,0480
Supports
1,0370 - 1,0300

USD/JPY - Dollar Yen
107,96. There is an horizontal range between 107,70 and 108,00. Support and resistance are given by Bollinger bands. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in 107,70 / 108,20 range. We won't take a position.
Resistances
108,20 - 108,60
Supports
107,70 - 107,10

Thursday, 19 June 2008

Mataf

GBP/USD - British Pound Dollar
1,9599. GBP USD is in a range between 1,9400 and 1,9700. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 1,9400 / 1,9700 range. We won't take a position.
Resistances
1,9620 - 1,9700
Supports
1,9560 - 1,9480

USD/CAD - US Dollar Canadian Dollar
1,0169. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,0150. If the support is broken then the target will be 1,0100 - 0,9800.
We are waiting for a break of support to take a short position.
Resistances
1,0185 - 1,0210
Supports
1,0150 - 1,0100

USD/CHF - Dollar Swiss Franc
1,0340. USD CHF broke 1,0370 support. USD CHF is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The target is expected at 1,0200.
=> We could take a short position at 1,0340. We will put the stop loss above 1,0375 (-35 pips). The targets are 1,0260 (+80 pips) 1,0200 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,0370 - 1,0390
Supports
1,0320 - 1,0260

USD/JPY - Dollar Yen
107,67. USD JPY is in an uptrend supported by 4H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a support above 107,50. The consolidation should continue. If the support is broken then the target will be 106,50.
We are waiting for a break of support to take a short position.
Resistances
108,00 - 108,60
Supports
107,50 - 106,50

Wednesday, 18 June 2008

Mataf

EUR/USD - Euro Dollar
1,5484. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,5300 / 1,5600 range. We won't take a position.
Resistances
1,5530 - 1,5600
Supports
1,5475 - 1,5300

GBP/USD - British Pound Dollar
1,9513. GBP USD is in a consolidation after the last bearish movement. GBP USD is in a range between 1,9400 and 1,9700. 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 1,9400 / 1,9700 range. We won't take a position.
Resistances
1,9580 - 1,9700
Supports
1,9475 - 1,9400

USD/CAD - US Dollar Canadian Dollar
1,0194. USD CAD is in a range between 1,0150 and 1,0300. 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 1,0150. If the support is broken then the target will be 1,0000 (190 pips).
We are waiting for a break of support to take a short position.
Resistances
1,0200 - 1,0250
Supports
1,0150 - 1,0080

USD/CHF - Dollar Swiss Franc
1,0439. USD CHF is in a range between 1,0390 and 1,0460. USD CHF 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.
Resistances
1,0460 - 1,0540
Supports
1,0405 - 1,0390

USD/JPY - Dollar Yen
107,99. USD JPY is in an uptrend supported by 4H exponential moving averages. USD JPY 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 resistance below 108,80. The consolidation should continue. We won't take a position.
Resistances
108,10 - 108,60
Supports
107,70 - 107,30

Monday, 16 June 2008

Mataf

EUR/USD - Euro Dollar
1,5503. EUR USD broke 1,5460 resistance. EUR USD is in a range between 1,5300 and 1,5570. The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should continue to move in 1,5300 / 1,5570 range. We won't take a position.
Resistances
1,5540 - 1,5570
Supports
1,5410 - 1,5300

GBP/USD - British Pound Dollar
1,9680. GBP USD broke 1,9500 resistance. GBP USD is in a range between 1,9400 and 1,9800. The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should continue to move in 1,9400 / 1,9800 range. We won't take a position.
Resistances
1,9700 - 1,9800
Supports
1,9570 - 1,9500

USD/CAD - US Dollar Canadian Dollar
1,0229. USD CAD is in an uptrend supported by 4H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. We won't take a position.
Resistances
1,0260 - 1,0300
Supports
1,0210 - 1,0150

USD/CHF - Dollar Swiss Franc
1,0406. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 1,0400 / 1,0540 range. If the support is broken then the target will be 1,0300. We won't take a position.
Resistances
1,0450 - 1,0530
Supports
1,0400 - 1,0300

USD/JPY - Dollar Yen
108,02. 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 108,80. The consolidation should continue. We won't take a position.
Resistances
108,60 - 108,80
Supports
107,90 - 107,70

Thursday, 12 June 2008

Mataf

EUR/USD - Euro Dollar
1,5414. EUR USD is in a range between 1,5400 and 1,5570. EUR USD 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 bearish configuration. The price should find a support above 1,5360. The consolidation should continue. We won't take a position.
Resistances
1,5480 - 1,5570
Supports
1,5410 - 1,5360

GBP/USD - British Pound Dollar
1,9480. GBP USD is in a consolidation after the last bearish movement. GBP USD 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 bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum. The price should find a support above 1,9400 (75 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9525 - 1,9600
Supports
1,9450 - 1,9400

USD/CAD - US Dollar Canadian Dollar
1,0250. USD CAD is in an uptrend supported by 4H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. USD CAD is in a range between 1,0160 and 1,0320. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The consolidation should continue. The price should continue to move in 1,0160 / 1,0300 range. We won't take a position.
Resistances
1,0300 - 1,0325
Supports
1,0200 - 1,0160

USD/CHF - Dollar Swiss Franc
1,0450. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,0300 / 1,0500 range. We won't take a position.
Resistances
1,0500 - 1,0525
Supports
1,0400 - 1,0300

USD/JPY - Dollar Yen
107,91. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 109,00 (110 pips) resistance.
=> We could take a long position at 107,90. We will put the stop loss below 107,40 (-50 pips). The targets are 108,50 (+60 pips) 109,00 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
108,00 - 108,50
Supports
107,50 - 106,70

Tuesday, 10 June 2008

Mataf

EUR/USD - Euro Dollar
1,5616. EUR USD broke 1,5700 support. EUR USD is in a consolidation after the last bearish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,5400 / 1,5850 range. We won't take a position.
Resistances
1,5700 - 1,5850
Supports
1,5575 - 1,5400

GBP/USD - British Pound Dollar
1,9702. 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). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,9760 - 1,9800
Supports
1,9675 - 1,9600

USD/JPY - Dollar Yen
106,64. USD JPY broke 106,30 resistance. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue to gather momentum. The price should find a resistance below 107,30 (65 pips). If the resistance is broken then the target will be 109,00 (235 pips).
=> We could take a long position at 106,50. We will put the stop loss below 106,00 (-50 pips). The targets are 107,50 (+100 pips) 109,00 (+250 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
106,90 - 107,30
Supports
106,00 - 105,30

GBP/JPY - British Pound Yen
210,08. GBP JPY is in an uptrend supported by 1H exponential moving averages. GBP JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The uptrend should continue on 214,00 resistance. The price should find a support above 209,70.
=> We could take a long position at 210,00. We will put the stop loss below 209,50 (-50 pips). The targets are 212,50 (+250 pips) 214,00 (+400 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
210,70 - 212,50
Supports
209,70 - 208,50

EUR/JPY - Euro Yen
166,45. EUR JPY 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 166,00. The uptrend should continue to gather momentum.
=> We could take a long position at 166,30. We will put the stop loss below 165,90 (-40 pips). The targets are 167,30 (+100 pips) 168,00(+170pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
167,10 - 168,00
Supports
166,00 - 165,30

Monday, 9 June 2008

Mataf

EUR/USD - Euro Dollar
1,5767. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5850. The consolidation should continue. We won't take a position.
Resistances
1,5850 - 1,5900
Supports
1,5730 - 1,5640

GBP/USD - British Pound Dollar
1,9796. GBP USD is in an uptrend supported by 15min exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,9930. The price should consolidate. We won't take a position.
Resistances
1,9800 - 1,9830
Supports
1,9740 - 1,9675

USD/CAD - US Dollar Canadian Dollar
1,0208. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. There is an horizontal range between 1,0150 and 1,0220. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The consolidation should continue. The price should find a resistance below 1,0220. If the resistance is broken then the target will be 1,0300 (95 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0220 - 1,0240
Supports
1,0185 - 1,0140

USD/CHF - Dollar Swiss Franc
1,0222. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The consolidation should continue. The price should continue to move in 1,0150 / 1,0275 range. If the support is broken then the target will be 0,9900.
We are waiting for a break of support to take a short position.
Resistances
1,0250 - 1,0275
Supports
1,0160 - 1,0100

USD/JPY - Dollar Yen
105,81. USD JPY is in a range between 104,70 and 106,30. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 107,75 / 106,30 range. We won't take a position.
Resistances
106,00 - 106,30
Supports
104,75 - 104,00

Wednesday, 4 June 2008

Mataf

EUR/USD - Euro Dollar
1,5459. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,5350 (100 pips) support.
=> We could take a short position at 1,5460. We will put the stop loss above 1,5500 (-40 pips). The targets are 1,5350 (110 pips) 1,5280 (180 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,5490 - 1,5630
Supports
1,5430 - 1,5350

GBP/USD - British Pound Dollar
1,9627. GBP USD is in a range between 1,9600 and 1,9750. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 1,9600 / 1,9750 range. If the support is broken then the target will be 1,9400 (225 pips).
We are waiting for a break of support to take a short position.
Resistances
1,9655 - 1,9750
Supports
1,9600 - 1,9520

USD/CAD - US Dollar Canadian Dollar
1,0095. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a support above 1,0050. The uptrend should continue on 1,0150 (55 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0105 - 1,0150
Supports
1,0050 - 0,9970

USD/CHF - Dollar Swiss Franc
1,0416. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,0320 / 1,0500 range. We won't take a position.
Resistances
1,0475 - 1,0530
Supports
1,0390 - 1,0320

USD/JPY - Dollar Yen
105,15. USD JPY is in a consolidation after the last bullish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 104,00 / 106,00 range. We won't take a position.
Resistances
105,36 - 105,90
Supports
104,80 - 104,00

Tuesday, 3 June 2008

Mataf

EUR/USD - Euro Dollar
1,5465. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD made a false break and continues the actual trend.. The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The downtrend should continue to gather momentum. The target is expected at 1,5300. We won't take a position while the volatility is high.
Resistances
1,5520 - 1,5630
Supports
1,5450 - 1,5400

GBP/USD - British Pound Dollar
1,9651. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,9585 / 1,9750 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9690 - 1,9750
Supports
1,9600 - 1,9585

USD/JPY - Dollar Yen
105,22. USD JPY broke 105,65 resistance. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 104,00 / 106,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
105,30 - 106,00
Supports
104,75 - 104,00

GBP/JPY - British Pound Yen
206,75. GBP JPY broke 205,75 resistance. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 204,25 / 208,00 range. We won't take a position.
Resistances
207,35 - 208,00
Supports
206,00 - 204,25

EUR/JPY - Euro Yen
163,03. EUR JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are deviated. Oscillators are neutral. The price should find a resistance below 163,20. The consolidation should continue. The target is expected at 162,00.
=> We could take a short position at 163,05. We will put the stop loss above 163,50 (-45 pips). The targets are 162,40 (+65 pips) 162,00 (+105 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.
Resistances
163,20 - 163,50
Supports
162,60 - 162,00

Monday, 2 June 2008

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

Thursday, 29 May 2008

Mataf

EUR/USD - Euro Dollar
1,5529. EUR USD broke 1,5600 support. EUR USD is in an downtrend directed by 15min exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. The target is expected at 1,5350 (180 pips). We won't take a position while the volatility is high.
Resistances
1,5600 - 1,5675
Supports
1,5525 - 1,5500

GBP/USD - British Pound Dollar
1,9762. 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. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,9800 - 1,9830
Supports
1,9730 - 1,9690

USD/CAD - US Dollar Canadian Dollar
0,9846. USD CAD broke 0,9885 support. USD CAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue to gather momentum. The target is expected at 0,9780 (65 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
0,9885 - 0,9920
Supports
0,9830 - 0,9780

USD/CHF - Dollar Swiss Franc
1,0475. USD CHF is in an uptrend supported by 15min exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (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 1,0550 (75 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0480 - 1,0550
Supports
1,0410 - 1,0350

USD/JPY - Dollar Yen
105,16. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 106,00 (80pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
105,40 - 106,00
Supports
104,55 - 104,00

Wednesday, 28 May 2008

Mataf

EUR/USD - Euro Dollar
1,5627. EUR USD broke 1,5660 support. The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,5580 (45 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5670 - 1,5750
Supports
1,5620 - 1,5580

GBP/USD - British Pound Dollar
1,9720. GBP USD is in a range between 1,9720 and 1,9840. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in Bollinger bands. If the support is broken then the target will be 1,9640 (80 pips). We won't take a position.
Resistances
1,9750 - 1,9825
Supports
1,9720 - 1,9640

USD/CAD - US Dollar Canadian Dollar
0,9948. USD CAD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The uptrend should continue on 0,9970 (20 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
0,9950 - 0,9970
Supports
0,9920 - 0,9905

USD/CHF - Dollar Swiss Franc
1,0412. USD CHF broke 1,0350 resistance. The volatility is high. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue to gather momentum. The price should find a resistance below 1,0440 (30 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0440 - 1,0490
Supports
1,0350 - 1,0280

USD/JPY - Dollar Yen
105,30. USD JPY broke 104,30 resistance. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 105,80 (50 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
105,30 - 105,80
Supports
104,60 - 104,30

Monday, 26 May 2008

Mataf

EUR/USD - Euro Dollar
1,5759. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. 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 support above 1,5700. The uptrend should continue on 1,6000 resistance.
=> We could take a long position at 1,5760. We will put the stop loss below 1,5710 (-50 pips). The targets are 1,5850 (+90 pips) 1,6000(+240 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,5800 - 1,5850
Supports
1,5750 - 1,5710

GBP/USD - British Pound Dollar
1,9821. 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. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum. The price should find a support above 1,9770.
=> We could take a long position at 1,9820. We will put the stop loss below 1,9770 (-50 pips). The targets are 1,9900 (+80 pips) 2,0000 (+180 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,9830 - 1,9850
Supports
1,9805 - 1,9770

USD/CAD - US Dollar Canadian Dollar
0,9884. USD CAD is in an downtrend directed by 4H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 0,9900. The downtrend should continue to gather momentum.
=> We could take a short position at 0,9890. We will put the stop loss above 0,9920 (-30 pips). The targets are 0,9830 (+60 pips) 0,9800 (+90 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
0,9900 - 0,9940
Supports
0,9860 - 0,9830

USD/CHF - Dollar Swiss Franc
1,0261. 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 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a resistance below 1,0290. The downtrend should continue to gather momentum.
=> We could take a short position at 1,0280. We will put the stop loss above 1,0330 (-50 pips). The targets are 1,0200 (+80 pips) 1,0150 (+130 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,0265 - 1,0310
Supports
1,0215 - 1,0200

USD/JPY - Dollar Yen
103,33. USD JPY is in a consolidation after the last bearish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The consolidation should continue. The price should continue to move in 102,75 / 103,50 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
103,55 - 104,00
Supports
103,05 - 102,75

Friday, 23 May 2008

Mataf

EUR/USD - Euro Dollar
1,5725. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5700. The uptrend should continue to gather momentum.
=> We could take a long position at 1,5725. We will put the stop loss below 1,5680 (-45 pips). The targets are 1,5800 (+75 pips) 1,5870 (+145 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,5745 - 1,5800
Supports
1,5700 - 1,5680

GBP/USD - British Pound Dollar
1,9792. 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 (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,9830. The consolidation should continue. If the resistance is broken then the target will be 1,9930. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9830 - 1,9870
Supports
1,9780 - 1,9735

USD/CAD - US Dollar Canadian Dollar
0,9860. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 0,9875. The downtrend should continue to gather momentum.
=> We could take a short position at 0,9860. We will put the stop loss above 0,9890 (-30 pips). The targets are 0,9810 (+50 pips) 0,9750 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
0,9875 - 0,9890
Supports
0,9850 - 0,9810

USD/CHF - Dollar Swiss Franc
1,0309. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,0230 / 1,0350 range. If the support is broken then the target will be 1,0000. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0320 - 1,0350
Supports
1,0300 - 1,0230

USD/JPY - Dollar Yen
104,12. USD JPY is in a consolidation after the last bullish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
104,40 - 104,70
Supports
103,90 - 103,55