Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,2942. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,2900 / 1,3075 range.

Resistances

1,3025 - 1,3075

Supports

1,2900 - 1,2860

GBP/USD - British Pound Dollar

1,3982. GBP USD broke 1,4025 support. GBP 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 GBP USD. The price should find a resistance below 1,4140 (158 pips). The downtrend should continue on 1,3700 support (282 pips).

Resistances

1,4140 - 1,4230

Supports

1,3750 - 1,3700

USD/CHF - Dollar Swiss Franc

1,1836. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,1900 - 1,1970

Supports

1,1800 - 1,1660

USD/CAD - US Dollar Canadian Dollar

1,2747. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

1,2770 - 1,2960

Supports

1,2630 - 1,2520

USD/JPY - Dollar Yen

98,85. USD JPY is in a range between 97,00 and 99,15. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 97,00 / 99,15 range.

Resistances

99,15 - 99,70

Supports

97,80 - 97,00