Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4336. 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 1,4165 / 1,4375 range.

Resistances

1,2880 - 1,2990

Supports

1,2685 - 1,2520

GBP/USD - British Pound Dollar

1,4336. GBP 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 1,4165 / 1,4375 range.

Resistances

1,4375 - 1,4650

Supports

1,4165 - 1,4090

USD/CHF - Dollar Swiss Franc

1,1602. USD CHF is in a range between 1,1550 and 1,1740. 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

1,1665 - 1,1740

Supports

1,1550 - 1,1460

USD/CAD - US Dollar Canadian Dollar

1,2411. USD CAD broke 1,2510 support. USD CAD is in a range between 1,2400 and 1,2610. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,2400 (11 pips). The price should consolidate.

Resistances

1,2510 - 1,2610

Supports

1,2400 - 1,2360

USD/JPY - Dollar Yen

97,78. USD JPY is in an uptrend supported by 1H exponential moving averages. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 100,00 resistance (222 pips).

Resistances

98,20 - 99,00

Supports

97,20 - 96,35