Currency Majors Technical Analysis

European Session

AUD/USD - Australian Dollar US Dollar

0,6423. AUD USD is in a consolidation after the last bearish movement. AUD USD is in a range between 0,6335 and 0,6445. AUD USD 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 find a support above 0,6335 (88 pips). The consolidation should continue.

Resistances

0,6440 - 0,6535

Supports

0,6335 - 0,6295

EUR/AUD - Euro Australian Dollar

1,9596. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 1,9565 support. The volatility is low. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR AUD. The price should find a support above 1,9565 (31 pips). If the support breaks then the target will be 1,9400 (196 pips).

Resistances

1,9790 - 1,9865

Supports

1,9580 - 1,9390

EUR/CAD - Euro Canadian Dollar

1,5814. 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. Oscillators are neutral. The price should continue to move in 1,5785 / 1,6000 range.

Resistances

1,5855 - 1,6000

Supports

1,5785 - 1,5675

EUR/CHF - Euro Swiss Franc

1,4779. 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 low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,4700 (79 pips). The consolidation should continue. If the support breaks then the target will be 1,4560 (219 pips).

Resistances

1,4585 - 1,4830

Supports

1,4750 - 1,4700

EUR/GBP - Euro British Pound

0,8819. EUR GBP is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR GBP. The price should find a support above 0,8810 (9 pips). If the support breaks then the target will be 0,8700 (119 pips).

Resistances

0,8850 - 0,8930

Supports

0,8810 - 0,8770