Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3566. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should consolidate. The price should continue to move in 1,3540 / 1,3670 range.

Resistances

1,3670 - 1,3740

Supports

1,3540 - 1,3440

GBP/USD - British Pound Dollar

1,5091. GBP USD is in an uptrend supported by 4H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,5050 / 1,5250 range.

Resistances

1,5150 - 1,5250

Supports

1,5050 - 1,4950

USD/CHF - Dollar Swiss Franc

1,1099. USD CHF broke 1,1240 support. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a resistance below 1,1110 (11 pips). The downtrend should continue to gather momentum.

Resistances

1,1110 - 1,1150

Supports

1,1020 - 1,0960

USD/CAD - US Dollar Canadian Dollar

1,1565. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. 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 1,1600 (35 pips). The downtrend should continue to gather momentum.

Resistances

1,1600 - 1,1670

Supports

1,1485 - 1,1410

USD/JPY - Dollar Yen

97,75. USD JPY broke 98,00 support. The volatility is high. Bollinger bands are parallel and form the trend. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 96,60 support (115 pips).

Resistances

98,20 - 98,80

Supports

97,55 - 97,10