Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2779. EUR USD is in a range between 1,2730 and 1,2940. The volatility is high. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should continue to move in 1,2730 / 1,2830 range. If the support breaks then the target will be 1,2300 (479 pips).

Resistances

1,2830 - 1,2880

Supports

1,2730 - 1,2600

EUR/USD - Euro Dollar

1,2779. EUR USD is in a range between 1,2730 and 1,2940. The volatility is high. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should continue to move in 1,2730 / 1,2830 range. If the support breaks then the target will be 1,2300 (479 pips).

Resistances

1,2830 - 1,2880

Supports

1,2730 - 1,2600

GBP/USD - British Pound Dollar

1,4301. GBP USD is in a range between 1,4160 and 1,4570. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

1,4430 - 1,4570

Supports

1,4160 - 1,3860

USD/CAD - US Dollar Canadian Dollar

1,2478. USD CAD is in a range between 1,2280 and 1,2550. 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 1,2280 / 1,2550 range.

Resistances

1,2500 - 1,2550

Supports

1,2380 - 1,2280

USD/CHF - Dollar Swiss Franc

1,1658. USD CHF is in a range between 1,1510 and 1,1700. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,1560 / 1,1700 range.

Resistances

1,1700 - 1,1785

Supports

1,1565 - 1,1510