Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3657. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (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 1,3900 resistance (243 pips).

Resistances

1,3685 - 1,3900

Supports

1,3420 - 1,3340

GBP/USD - British Pound Dollar

1,4529. GBP USD broke 1,4335 resistance. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 1,5000 resistance (471 pips).

Resistances

1,4560 - 1,4650

Supports

1,4465 - 1,4335

USD/CHF - Dollar Swiss Franc

1,1252. USD CHF is in an downtrend directed by 1H exponential moving averages. 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 CHF. The downtrend should continue on 1,0800 support (452 pips).

Resistances

1,1350 - 1,1460

Supports

1,1245 - 1,1080

USD/CAD - US Dollar Canadian Dollar

1,2235. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue on 1,1850 support (385 pips).

Resistances

1,2350 - 1,2500

Supports

1,2200 - 1,1850

USD/JPY - Dollar Yen

94,71. USD JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 94,00 support (71 pips).

Resistances

96,65 - 97,70

Supports

94,50 - 94,00