Currency Majors Technical Analysis

European Session

AUD/USD - Australian Dollar US Dollar

0,6511. AUD USD is in a range between 0,6345 and 0,6530. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should find a resistance below 0,6530 (19 pips). If the resistance breaks then the target will be 0,6650 (139 pips).

Resistances

0,6530 - 0,6650

Supports

0,6440 - 0,6345

EUR/AUD - Euro Australian Dollar

1,9839. EUR AUD broke 1,9790 resistance. EUR AUD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should find a resistance below 2,0000 (161 pips). The consolidation should continue.

Resistances

1,9990 - 2,0100

Supports

1,9790 - 1,9630

EUR/CAD - Euro Canadian Dollar

1,6071. EUR CAD broke 1,5990 resistance. EUR CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. Oscillators are neutral. The uptrend should continue on 1,6220 resistance (149 pips). The price should find a support above 1,5990 (81 pips).

Resistances

1,6145 - 1,6220

Supports

1,5990 - 1,5850

EUR/GBP - Euro British Pound

0,8887. EUR GBP is in a range between 0,8775 and 0,8920. EUR GBP 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 0,8800 / 0,8920 range.

Resistances

0,8920 - 0,9075

Supports

0,8800 - 0,8775

EUR/JPY - Euro Yen

119,92. EUR JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a resistance below 120,35 (43 pips). The price should consolidate. If the resistance breaks then the target will be 122,00 (208 pips).

Resistances

120,35 - 122,00

Supports

119,10 - 118,00