Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3462. EUR USD is in a range between 1,3420 and 1,3740. The volatility is low. Oscillators are neutral. The price should find a support above 1,3420 (42 pips). The price should continue to move in Bollinger bands. If the support breaks then the target will be 1,3250 (212 pips).

Resistances

1,3530 - 1,3740

Supports

1,3420 - 1,3100

GBP/USD - British Pound Dollar

1,4581. GBP USD broke 1,4635 support. 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 rises. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 1,4540 (41 pips). The consolidation should continue. If the support breaks then the target will be 1,4400 (181 pips).

Resistances

1,4640 - 1,4780

Supports

1,4545 - 1,4400

USD/CHF - Dollar Swiss Franc

1,1306. USD CHF is in a range between 1,1160 and 1,1340. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

1,1340 - 1,1430

Supports

1,1210 - 1,1160

USD/CAD - US Dollar Canadian Dollar

1,2302. 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. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,2350 (48 pips). The price should continue to move in 1,2270 / 1,2350 range.

Resistances

1,2350 - 1,2430

Supports

1,2270 - 1,2200

USD/JPY - Dollar Yen

97,96. USD JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 98,50 (54 pips). The consolidation should continue.

Resistances

98,60 - 99,00

Supports

97,35 - 96,60