Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3630. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD 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 1,3420 / 1,3740 range.

Resistances

1,3650 - 1,3740

Supports

1,3540 - 1,3420

GBP/USD - British Pound Dollar

1,4624. GBP USD is in a consolidation after the last bullish movement. GBP USD is in a range between 1,4520 and 1,4780. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,4500 / 1,4750 range.

Resistances

1,4640 - 1,4780

Supports

1,4520 - 1,4400

USD/CHF - Dollar Swiss Franc

1,1218. USD CHF is in a consolidation after the last bearish movement. USD CHF is in a range between 1,1170 and 1,1340. 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 1,1290 (72 pips). The downtrend should continue to gather momentum.

Resistances

1,1260 - 1,1340

Supports

1,1170 - 1,1080

USD/CAD - US Dollar Canadian Dollar

1,2248. 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 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,2360 (112 pips). The downtrend should continue to gather momentum.

Resistances

1,2360 - 1,2500

Supports

1,2200 - 1,2150

USD/JPY - Dollar Yen

98,13. USD JPY is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 98,60 (47 pips). The consolidation should continue.

Resistances

98,60 - 100,00

Supports

97,10 - 96,60