Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2610. EUR USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,2700 (90 pips). The downtrend should continue to gather momentum.

Resistances

1,2635 - 1,2700

Supports

1,2520 - 1,2350

GBP/USD - British Pound Dollar

1,4087. GBP USD broke 1,4130 support. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum.

Resistances

1,4150 - 1,4285

Supports

1,4050 - 1,3950

USD/CHF - Dollar Swiss Franc

1,1745. USD CHF is in a consolidation after the last bullish movement. USD CHF 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 1,1670 / 1,1800 range.

Resistances

1,1790 - 1,1890

Supports

1,1705 - 1,1650

USD/CAD - US Dollar Canadian Dollar

1,2827. USD CAD is in an uptrend supported by 1H exponential moving averages. USD CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The uptrend should continue to gather momentum.

Resistances

1,2890 - 1,2950

Supports

1,2810 - 1,2740

USD/JPY - Dollar Yen

94,34. USD JPY is in an uptrend supported by 1H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

97,60 - 98,70

Supports

97,00 - 96,50