Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2566. EUR USD broke 1,2660 support. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,2450 (116 pips).

Resistances

1,2660 - 1,2755

Supports

1,2540 - 1,2450

GBP/USD - British Pound Dollar

1,3765. GBP USD broke 1,3985 support. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 1,3750 (15 pips). The price should consolidate. If the support breaks then the target will be 1,3000 (765 pips).

Resistances

1,3870 - 1,3985

Supports

1,3740 - 1,3500

USD/CHF - Dollar Swiss Franc

1,1666. 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. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should continue to move in 1,1500 / 1,1700 range.

Resistances

1,1690 - 1,1830

Supports

1,1580 - 1,1500

USD/CAD - US Dollar Canadian Dollar

1,3045. USD CAD broke 1,2915 resistance. The volatility rises. Bollinger bands are deviated. 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

1,3065 - 1,3100

Supports

1,2915 - 1,2800

USD/JPY - Dollar Yen

98,94. USD JPY is in a consolidation after the last bullish movement. USD JPY is in a range between 97,00 and 100,00. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in 97,00 / 100,00 range.

Resistances

99,15 - 99,70

Supports

98,50 - 97,60