Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3905. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,3860 / 1,4050 range.

Resistances

1,3990 - 1,4050

Supports

1,3895 - 1,3860

GBP/USD - British Pound Dollar

1,5967. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum.

Resistances

1,6040 - 1,6100

Supports

1,5900 - 1,5775

USD/CHF - Dollar Swiss Franc

1,0878. 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 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0900 (22 pips). The downtrend should continue to gather momentum.

Resistances

1,0900 - 1,0930

Supports

1,0830 - 1,0810

USD/CAD - US Dollar Canadian Dollar

1,1165. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (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 1,1200 (35 pips). The downtrend should continue to gather momentum.

Resistances

1,1200 - 1,1225

Supports

1,1110 - 1,1085

USD/JPY - Dollar Yen

95,22. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 94,50 / 95,50 range.

Resistances

95,50 - 96,00

Supports

95,05 - 94,50