Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4001. 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 is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,3950 (51 pips). The uptrend should continue to gather momentum.

Resistances

1,4050 - 1,4130

Supports

1,3950 - 1,3930

GBP/USD - British Pound Dollar

1,5885. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,5810 (75 pips). The uptrend should continue to gather momentum.

Resistances

1,5950 - 1,6000

Supports

1,5850 - 1,5750

USD/CHF - Dollar Swiss Franc

1,0846. 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. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,0750 support (96 pips).

Resistances

1,0875 - 1,0955

Supports

1,0810 - 1,0750

USD/CAD - US Dollar Canadian Dollar

1,1274. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,1300 (26 pips). The downtrend should continue to gather momentum.

Resistances

1,1300 - 1,1360

Supports

1,1190 - 1,1130

USD/JPY - Dollar Yen

95,14. USD JPY is in a range between 93,85 and 95,20. USD JPY 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 resistance below 95,30 (16 pips). The price should continue to move in Bollinger bands.

Resistances

95,20 - 95,60

Supports

94,50 - 93,85