EURUSD
Short term (Intraday)
1,3828. EUR USD broke 1,3800 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The target is expected at 1,3950.
=> We could take a long position at 1,3820. We will put the stop loss below 1,3790 (-30 pips). The targets are 1,3900 (+80 pips) 1,3950 (+130 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
USDCHF
Short term (Intraday)
1,1972. USD CHF broke 1,2000 support. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The target is expected at 1,1800.
=> We could take a short position at 1,1975. We will put the stop loss above 1,2005 (-30 pips). The targets are 1,1900 (+75 pips) 1,1800 (+175 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.