Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3261. EUR USD is in a range between 1,3200 and 1,3340. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

1,3340 - 1,3395

Supports

1,3200 - 1,3090

GBP/USD - British Pound Dollar

1,4899. GBP USD is in a consolidation after the last bullish movement. The volatility is high. 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 1,4830 / 1,4980 range.

Resistances

1,4980 - 1,5080

Supports

1,4830 - 1,4700

USD/CHF - Dollar Swiss Franc

1,1384. USD CHF is in a range between 1,1290 and 1,1435. USD CHF 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 1,1290 / 1,1435 range.

Resistances

1,1435 - 1,1500

Supports

1,1320 - 1,1290

USD/CAD - US Dollar Canadian Dollar

1,1817. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is low. 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 1,1900 (83 pips). The downtrend should continue to gather momentum.

Resistances

1,1900 - 1,1980

Supports

1,1800 - 1,1750

USD/JPY - Dollar Yen

99,44. USD JPY is in an uptrend supported by 1H exponential moving averages. 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. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should find a resistance below 99,60 (16 pips). The consolidation should continue.

Resistances

99,60 - 100,00

Supports

99,10 - 98,50