EURUSD

Short term (Intraday)

1,3619. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. 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 consolidate. The price should find a resistance below 1,3630. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

1,3620 - 1,3630

Supports

1,3605 - 1,3570

Long term chart

EUR/USD - Euro Dollar- Click Here

USDCHF

Short term (Intraday)

1,2056. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The price is just bellow 1,2070 resistance. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The target is expected at 1,1950. The price should find a resistance below 1,2070.
=> We could take a short position at 1,2060. We will put the stop loss above 1,2085 (-25 pips). The targets are 1,2010 (+50 pips) 1,1975 (+85 pips) 1,1950 (+90 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances

1,2060- 1,2070 - 1,2075

Supports

1,2040 - 1,2010

Long term chart

USD/CHF - Dollar Swiss Franc- Click Here

USDJPY

Short term (Intraday)

118,67. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just bellow 118,80 resistance. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in 117,70 / 118,80 range. If the resistance is broken then the target will be 119,90 (120 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

118,80 - 119,00 - 119,90

Supports

118,50 - 118,20

Long term chart

USD/JPY - Dollar Yen- Click Here

GBPUSD

Short term (Intraday)

2,0027. 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, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to consolidate. The price should find a support above 1,9990. If the support is broken then the target will be 1,9900. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances

2,0040 - 2,0095 - 2,0130

Supports

1,9990 - 1,9940

Long term chart

GBP/USD - British Pound Dollar- Click Here

EURGBP

Short term (Intraday)

0,6799. EUR GBP is in a range between 0,6750 and 0,6830. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are tightened. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should continue to move in 0,6750 / 0,6810 range.
[arbitrage EUR USD/ GBP USD] : We expect similar moves on EUR USD and GBP USD..

Resistances

0,6800 - 0,6810 - 0,6830

Supports

0,6790 - 0,6775 - 0,6760

Long term chart

EUR/GBP - Euro British Pound- Click Here