Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3543. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,2490 and 1,3740. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,3610 - 1,3740

Supports

1,3490 - 1,3360

GBP/USD - British Pound Dollar

1,4660. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,4750 (90 pips). The consolidation should continue.

Resistances

1,4750 - 1,5000

Supports

1,4580 - 1,4400

USD/CHF - Dollar Swiss Franc

1,1272. 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 1,1340 (68 pips). The downtrend should continue to gather momentum.

Resistances

1,1340 - 1,1430

Supports

1,1160 - 1,1080

USD/CAD - US Dollar Canadian Dollar

1,2256. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,2320 (64 pips). The downtrend should continue to gather momentum.

Resistances

1,2305 - 1,2435

Supports

1,2200 - 1,2000

USD/JPY - Dollar Yen

98,35. USD JPY is in an uptrend supported by 15min 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. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 99,00 resistance (65 pips).

Resistances

98,50 - 99,00

Supports

97,70 - 96,60