Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2612. EUR USD is in a range between 1,2550 and 1,2690. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,2690 - 1,2810

Supports

1,2580 - 1,2520

GBP/USD - British Pound Dollar

1,4115. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,4150 (35 pips). The downtrend should continue to gather momentum.

Resistances

1,4150 - 1,4365

Supports

1,3960 - 1,3850

USD/CHF - Dollar Swiss Franc

1,1744. USD CHF is in a range between 1,1680 and 1,1790. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.

Resistances

1,1790 - 1,1860

Supports

1,1680 - 1,1600

USD/CAD - US Dollar Canadian Dollar

1,2855. 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 low. Bollinger bands are flat. 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 price should find a support above 1,2800 (55 pips). The uptrend should continue to gather momentum.

Resistances

1,2935 - 1,3030

Supports

1,2810 - 1,2740

USD/JPY - Dollar Yen

98,10. 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 rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 97,00 (110 pips). The uptrend should continue on 100,00 resistance (190 pips).

Resistances

98,70 - 99,00

Supports

97,30 - 97,00