Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,3257. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,3165 and 1,3300. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,3165 / 1,3300 range.

Resistances

1,3300 - 1,3390

Supports

1,3215 - 1,3165

GBP/USD - British Pound Dollar

1,4720. GBP USD is in a range between 1,4587 and 1,4780. 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

1,4740 - 1,4780

Supports

1,4665 - 1,4590

USD/CHF - Dollar Swiss Franc

1,1495. USD CHF is in an uptrend supported by 1H exponential moving averages. The price is just bellow 1,1510 resistance. 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 1,1510 (15 pips). If the resistance breaks then the target will be 1,1575 (80 pips).

Resistances

1,1510 - 1,1575

Supports

1,1415 - 1,1240

USD/CAD - US Dollar Canadian Dollar

1,2360. USD CAD is in a range between 1,2310 and 1,2485. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,2405 - 1,2485

Supports

1,2310 - 1,2220

USD/JPY - Dollar Yen

99,99. USD JPY is in a consolidation after the last bearish movement. USD JPY 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 consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

100,00 - 100,50

Supports

99,50 - 98,50