Currency Majors Technical Analysis

[SIZE="5"]EUR/USD - Euro Dollar[/SIZE]
1,5705. EUR USD broke 1,5730 support. The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The downtrend should continue on 1,5660 (45 pips) support. We won't take a position. The risk/reward ratio is too high to take a position..
[INDENT][B]Resistances[/B]
1,5730 - 1,5765
[B]Supports[/B]
1,5690 - 1,5660[/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]
1,9879. 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 high. Oscillators are neutral. The price should continue to move in 1,9860 / 1,9970 range. We won't take a position. The risk/reward ratio is too high to take a position..
[INDENT][B]Resistances[/B]
1,9920 - 1,9970
[B]Supports[/B]
1,9860 - 1,9820[/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]
1,0248. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility rises. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,0250. If the resistance is broken then the target will be 1,0340. We are waiting for a break of resistance to take a long position.
[INDENT][B]Resistances[/B]
1,0250 - 1,0285
[B]Supports[/B]
1,0205 - 1,0175[/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]
1,0375. USD CHF is in a range between 1,0315 and 1,0400. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,0315 / 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 1,0300 (+80 pips) 1,0250 (+130 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]
1,0400 - 1,0415
[B]Supports[/B]
1,0350 - 1,0315[/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]
107,83. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue to gather momentum. The price should find a resistance below 108,00. We won't take a position. The risk/reward ratio is too high to take a position..
[INDENT][B]Resistances[/B]
107,90 - 108,00
[B]Supports[/B]
107,60 - 107,20[/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]