Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3490. EUR USD broke 1,3530 support. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,3510 (20 pips). The downtrend should continue to gather momentum.

Resistances

1,3500 - 1,3530

Supports

1,3420 - 1,3350

GBP/USD - British Pound Dollar

1,5277. GBP USD is in a consolidation after the last bullish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,5130 / 1,5330 range.

Resistances

1,5330 - 1,5400

Supports

1,5265 - 1,5130

USD/CHF - Dollar Swiss Franc

1,1201. USD CHF is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 1,1170 (31 pips).

Resistances

1,1260 - 1,1415

Supports

1,1170 - 1,1125

USD/CAD - US Dollar Canadian Dollar

1,1701. USD CAD is in a range between 1,1675 and 1,1815. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should find a support above 1,1675 (26 pips). If the support breaks then the target will be 1,1550 (151 pips).

Resistances

1,1740 - 1,1815

Supports

1,1675 - 1,1550

USD/JPY - Dollar Yen

95,75. USD JPY is in a consolidation after the last bullish movement. The volatility is high. Oscillators are neutral. The price should find a resistance below 96,00 (25 pips). The consolidation should continue.

Resistances

96,00 - 96,20

Supports

95,30 - 94,55