Currency Majors Technical Analysis

[SIZE="5"]EUR/USD - Euro Dollar[/SIZE]
1,5735. EUR USD 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 1,5720 / 1,5770 range. If the resistance is broken then the target will be 1,5960. => We could take a long position at 1,5730. We will put the stop loss below 1,5705 (-25 pips). The targets are 1,5800 (+70 pips) 1,5850 (+120 pips). [b]Each trade is dangerous, take care and put your stop loss[/b]. Trade configuration (1 Speculative -> 4 Trend following): [b]1[/b].
[INDENT][B]Resistances[/B]
1,5765 - 1,5800
[B]Supports[/B]
1,5720 - 1,5710[/INDENT]more information on [URL="http://www.mataf.net/en/forex-eurusd.htm"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL]
[CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER][SIZE="5"]GBP/USD - British Pound Dollar[/SIZE]
1,9942. GBP USD is in a range between 1,9860 and 1,9970. 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 1,9860 / 1,9970 range. If the resistance is broken then the target will be 2,0090. We are waiting for a break of resistance to take a long position.
[INDENT][B]Resistances[/B]
1,9950 - 1,9970
[B]Supports[/B]
1,9915 - 1,9860[/INDENT]more information on [URL="http://www.mataf.net/en/forex-gbpusd.htm"]GBP/USD - British Pound Dollar [B]Click Here[/B][/URL]
[CENTER][IMG]http://www.mataf.net/section/devises/page/images/gbpusd.png[/IMG][/CENTER][SIZE="5"]USD/CAD - US Dollar Canadian Dollar[/SIZE]
1,0212. 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 price should find a resistance below 1,0250. The uptrend seems to be finished. The trend should reverse. => We could take a short position at 1,0220. We will put the stop loss above 1,0250 (-30 pips). The targets are 1,0170 (+50 pips) 1,0120 (+100 pips). [b]Each trade is dangerous, take care and put your stop loss[/b]. Trade configuration (1 Speculative -> 4 Trend following): [b]1[/b].
[INDENT][B]Resistances[/B]
1,0250 - 1,0285
[B]Supports[/B]
1,0170 - 1,0120[/INDENT]more information on [URL="http://www.mataf.net/en/forex-usdcad.htm"]USD/CAD - US Dollar Canadian Dollar [B]Click Here[/B][/URL]
[CENTER][IMG]http://www.mataf.net/section/devises/page/images/usdcad.png[/IMG][/CENTER][SIZE="5"]USD/CHF - Dollar Swiss Franc[/SIZE]
1,0351. USD CHF is in a range between 1,0300 and 1,0400. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,0300 / 1,0400 range. If the support is broken then the target will be 1,0090. => We could take a short position at 1,0380. We will put the stop loss above 1,0415 (-35 pips). The targets are 1,0280 (+100 pips) 1,0100 (+280 pips). [b]Each trade is dangerous, take care and put your stop loss[/b]. Trade configuration (1 Speculative -> 4 Trend following): [b]1[/b].
[INDENT][B]Resistances[/B]
1,0360 - 1,0400
[B]Supports[/B]
1,0300 - 1,0280[/INDENT]more information on [URL="http://www.mataf.net/en/forex-usdchf.htm"]USD/CHF - Dollar Swiss Franc [B]Click Here[/B][/URL]
[CENTER][IMG]http://www.mataf.net/section/devises/page/images/usdchf.png[/IMG][/CENTER][SIZE="5"]USD/JPY - Dollar Yen[/SIZE]
107,52. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 107,00 / 108,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
[INDENT][B]Resistances[/B]
107,65 - 108,00
[B]Supports[/B]
107,20 - 106,70[/INDENT]more information on [URL="http://www.mataf.net/en/forex-usdjpy.htm"]USD/JPY - Dollar Yen [B]Click Here[/B][/URL]
[CENTER][IMG]http://www.mataf.net/section/devises/page/images/usdjpy.png[/IMG][/CENTER]