» 2008 » March

1,5808. 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 1,5790. The uptrend should continue to gather momentum.
=> We could take a long position at 1,5800. We will put the stop loss below 1,5750 (-50 pips). The targets are 1,5900 (+100 pisp) 1,6000 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.

Arnaud Jeulin

1,9876. GBP USD 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. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,9800 support.

Arnaud Jeulin

1,0271. USD CAD broke 1,0230 resistance. The volatility rises. 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 CAD. The uptrend should continue on 1,0400 resistance.
=> We could take a long position at 1,0260. We will put the stop loss below 1,0220 (-40 pips). The targets are 1,0320 (+60 pips) 1,0400 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Arnaud Jeulin

0,9938. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0000. The downtrend should resume.
=> We could take a short position at 0,9940. We will put the stop loss above 0,9980 (-40 pips). The targets are 0,9800 (+140 pips) 0,9700 (+240 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Arnaud Jeulin

99,53. There is an horizontal range between 99,00 and 100,00. Support and resistance are given by Bollinger bands. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. If the support is broken then the target will be 97,00.

Arnaud Jeulin

197,78. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a support above 197,00. If the support is broken then the target will be 193,00.

Arnaud Jeulin

157,32. EUR JPY is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H (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. The risk/reward ratio is too high to take a position..

Arnaud Jeulin

0,7955. EUR GBP 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, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a support above 0,7950. The uptrend should continue on 0,8000 resistance.

Arnaud Jeulin

1,5720. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish 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..

Arnaud Jeulin

1,6252. EUR CAD broke 1,6160 resistance. EUR 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, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,6400 resistance.

Arnaud Jeulin