Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3023. EUR USD is in a range between 1,2760 and 1,3070. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,3070 resistance (47 pips). If the resistance breaks then the target will be 1,3230 (207 pips).

Resistances

1,3030 - 1,3070

Supports

1,2880 - 1,2760

GBP/USD - British Pound Dollar

1,4958. GBP USD 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 (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 1,5400 resistance (442 pips).

Resistances

1,5000 - 1,5110

Supports

1,4860 - 1,4700

USD/CAD - US Dollar Canadian Dollar

1,2240. USD CAD is in a consolidation after the last bearish movement. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,2120 / 1,2300 range.

Resistances

1,2300 - 1,2400

Supports

1,2120 - 1,2040

USD/CHF - Dollar Swiss Franc

1,1566. USD CHF 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 1,1500 / 1,1740 range.

Resistances

1,1670 - 1,1740

Supports

1,1530 - 1,1400

USD/JPY - Dollar Yen

91,70. USD JPY is in a consolidation after the last bullish movement. USD JPY is in a range between 90,80 and 92,30. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

91,80 - 92,25

Supports

90,80 - 90,00