Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2985. EUR USD is in a range between 1,2765 and 1,3075. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,3020 - 1,3075

Supports

1,2870 - 1,2765

GBP/USD - British Pound Dollar

1,3795. GBP USD is in a range between 1,3500 and 1,3910. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should continue to move in Bollinger bands.

Resistances

1,3910 - 1,4050

Supports

1,3720 - 1,3500

USD/CAD - US Dollar Canadian Dollar

1,2250. USD CAD is in an downtrend directed by 15min exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,2300 (50 pips). The downtrend should continue on 1,2100 support (150 pips).

Resistances

1,2280 - 1,2410

Supports

1,2180 - 1,2100

USD/CHF - Dollar Swiss Franc

1,1575. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,1530 / 1,1700 range.

Resistances

1,1645 - 1,1720

Supports

1,1530 - 1,1380

USD/JPY - Dollar Yen

89,03. USD JPY is in a range between 88,10 and 89,50. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

89,50 - 90,20

Supports

88,65 - 88,10