Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3252. EUR USD is in a consolidation after the last bearish movement. Bollinger bands are parallel and form the trend. Oscillators are neutral. The price should find a support above 1,3150 (102 pips). The consolidation should continue.

Resistances

1,3300 - 1,3390

Supports

1,3165 - 1,3120

GBP/USD - British Pound Dollar

1,4723. There is an horizontal range between 1,4645 and 1,4760. Support and resistance are given by Bollinger bands. GBP USD 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

1,4780 - 1,4850

Supports

1,4645 - 1,4590

USD/CHF - Dollar Swiss Franc

1,1461. USD CHF is in a consolidation after the last bullish movement. USD CHF 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. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,1500 (39 pips). If the resistance breaks then the target will be 1,1560 (99 pips).

Resistances

1,1500 - 1,1560

Supports

1,1400 - 1,1315

USD/CAD - US Dollar Canadian Dollar

1,2323. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,2220 / 1,2490 range.

Resistances

1,2390 - 1,2485

Supports

1,2300 - 1,2220

USD/JPY - Dollar Yen

100,27. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 99,50 / 100,50 range.

Resistances

100,50 - 100,80

Supports

100,00 - 99,50