Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2796. EUR USD is in a range between 1,2775 and 1,2915. EUR USD 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 support above 1,2775 (21 pips). The price should continue to move in Bollinger bands.

Resistances

1,2915 - 1,3070

Supports

1,2775 - 1,2700

GBP/USD - British Pound Dollar

1,4542. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,4660 (118 pips). The consolidation should continue.

Resistances

1,4655 - 1,4700

Supports

1,4490 - 1,4350

USD/CAD - US Dollar Canadian Dollar

1,2336. USD CAD is in a range between 1,2260 and 1,2420. USD CAD 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 Bollinger bands.

Resistances

1,2370 - 1,2420

Supports

1,2260 - 1,2140

USD/CHF - Dollar Swiss Franc

1,1654. USD CHF is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,1700 (46 pips). The consolidation should continue.

Resistances

1,1675 - 1,1700

Supports

1,1550 - 1,1400

USD/JPY - Dollar Yen

89,75. USD JPY is in a range between 88,80 and 90,00. USD JPY 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 88,80 / 90,00 range.

Resistances

90,00 - 90,75

Supports

89,25 - 88,85