Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2730. EUR USD 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 price should continue to move in Bollinger bands.

Resistances

1,2825 - 1,2990

Supports

1,2665 - 1,2520

GBP/USD - British Pound Dollar

1,4467. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. If the support breaks then the target will be 1,4350 (117 pips).

Resistances

1,4580 - 1,4660

Supports

1,4450 - 1,4350

USD/CHF - Dollar Swiss Franc

1,1618. 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 Bollinger bands.

Resistances

1,1715 - 1,1890

Supports

1,1550 - 1,1460

USD/CAD - US Dollar Canadian Dollar

1,2531. USD CAD 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 bullish configuration. The price should continue to move in 1,2350 / 1,2650 range.

Resistances

1,2540 - 1,2650

Supports

1,2465 - 1,2350

USD/JPY - Dollar Yen

95,91. USD JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 99,00 resistance (309 pips).

Resistances

96,10 - 97,00

Supports

95,00 - 94,10