Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3033. EUR USD broke 1,2950 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,3190 resistance (157 pips).

Resistances

1,3075 - 1,3190

Supports

1,2950 - 1,2875

GBP/USD - British Pound Dollar

1,4152. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,4060 (92 pips). The uptrend should continue on 1,4300 resistance (148 pips).

Resistances

1,4230 - 1,4300

Supports

1,4060 - 1,3880

USD/CHF - Dollar Swiss Franc

1,1839. USD CHF is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,1760 (79 pips). The consolidation should continue.

Resistances

1,1910 - 1,1970

Supports

1,1800 - 1,1760

USD/CAD - US Dollar Canadian Dollar

1,2677. USD CAD broke 1,2770 support. USD CAD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,2770 (93 pips). The downtrend should continue on 1,2520 support (157 pips).

Resistances

1,2770 - 1,2960

Supports

1,2630 - 1,2520

USD/JPY - Dollar Yen

98,37. USD JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 96,30 / 99,00 range.

Resistances

98,60 - 99,20

Supports

97,80 - 97,15