Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3683. 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 rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,3750 resistance (67 pips). The price should find a support above 1,3600 (83 pips).

Resistances

1,3715 - 1,3750

Supports

1,3600 - 1,3560

GBP/USD - British Pound Dollar

1,5333. GBP USD broke 1,5240 resistance. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5340 (7 pips). The price should consolidate. If the resistance breaks then the target will be 1,6050 (717 pips).

Resistances

1,5340 - 1,5400

Supports

1,5245 - 1,5150

USD/CHF - Dollar Swiss Franc

1,1029. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum.

Resistances

1,1080 - 1,1150

Supports

1,1050 - 1,0950

USD/CAD - US Dollar Canadian Dollar

1,1575. USD CAD is in an downtrend directed by 4H 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 1,1680 (105 pips). The downtrend should continue on 1,1460 support (115 pips).

Resistances

1,1680 - 1,1810

Supports

1,1550 - 1,1485

USD/JPY - Dollar Yen

97,08. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 97,85 (77 pips). The downtrend should continue to gather momentum.

Resistances

97,85 - 98,50

Supports

97,00 - 96,40