Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3558. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,3525 (33 pips). The uptrend should continue to gather momentum.

Resistances

1,3610 - 1,3740

Supports

1,3525 - 1,3400

GBP/USD - British Pound Dollar

1,4556. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4630 (74 pips). The consolidation should continue.

Resistances

1,4630 - 1,4800

Supports

1,4480 - 1,4390

USD/CHF - Dollar Swiss Franc

1,1297. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,1310 (13 pips). The downtrend should continue to gather momentum.

Resistances

1,1310 - 1,1380

Supports

1,1160 - 1,1110

USD/CAD - US Dollar Canadian Dollar

1,2353. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,2290 (63 pips). The consolidation should continue. If the support breaks then the target will be 1,2200 (153 pips).

Resistances

1,2380 - 1,2430

Supports

1,2290 - 1,2200

USD/JPY - Dollar Yen

96,85. USD JPY broke 96,50 resistance. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should continue to move in 95,50 / 97,50 range.

Resistances

96,90 - 97,50

Supports

96,50 - 95,45