Currency Majors Technical Analysis

European Session

AUD/USD - Australian Dollar US Dollar

0,6369. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The downtrend should continue on 0,6300 support (69 pips).

Resistances

0,6440 - 0,6525

Supports

0,6345 - 0,6300

EUR/AUD - Euro Australian Dollar

1,9767. EUR AUD is in a range between 1,9525 and 1,9850. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should continue to move in 1,9525 / 1,9850 range.

Resistances

1,9770 - 1,9850

Supports

1,9650 - 1,9525

EUR/CAD - Euro Canadian Dollar

1,5884. 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 decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 1,5785 / 1,6000 range.

Resistances

1,5910 - 1,6000

Supports

1,5845 - 1,5785

EUR/CHF - Euro Swiss Franc

1,4877. EUR CHF is in a consolidation after the last bullish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,4950 - 1,4990

Supports

1,4830 - 1,4700

EUR/GBP - Euro British Pound

0,8849. EUR GBP is in a range between 0,8775 and 0,8890. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

0,8890 - 0,8945

Supports

0,8770 - 0,8640