Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2557. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,2650 (93 pips). The downtrend should continue to gather momentum.

Resistances

1,2650 - 1,2725

Supports

1,2550 - 1,2600

AUD/USD - Australian Dollar US Dollar

1,6390. AUD USD is in a consolidation after the last bearish movement. There is an horizontal range between 0,6355 and 0,6425. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

0,6440 - 0,6540

Supports

0,6335 - 0,6250

EUR/AUD - Euro Australian Dollar

1,9705. There is an horizontal range between 1,9625 and 1,9810. Support and resistance are given by Bollinger bands. EUR AUD 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

1,9790 - 1,9865

Supports

1,9580 - 1,9390

EUR/CAD - Euro Canadian Dollar

1,5840. EUR CAD is in a range between 1,5785 and 1,6000. EUR 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 1,5785 / 1,6000 range.

Resistances

1,5950 - 1,6000

Supports

1,5800 - 1,5785

EUR/CHF - Euro Swiss Franc

1,4793. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CHF. The consolidation should continue. The price should continue to move in 1,4700 / 1,4830 range.

Resistances

1,4830 - 1,4925

Supports

1,4750 - 1,4700