Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,3797. EUR USD broke 1,3885 support. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,3700 support (97 pips).

Resistances

1,3850 - 1,3885

Supports

1,3770 - 1,3710

GBP/USD - British Pound Dollar

1,5907. 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 rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The consolidation should continue. The price should continue to move in 1,5820 / 1,6090 range.

Resistances

1,5990 - 1,6090

Supports

1,5885 - 1,5820

USD/CHF - Dollar Swiss Franc

1,0943. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The consolidation should continue.

Resistances

1,0950 - 1,1055

Supports

1,0890 - 1,0810

USD/CAD - US Dollar Canadian Dollar

1,1236. 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 high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,1270 (34 pips). The consolidation should continue.

Resistances

1,1250 - 1,1355

Supports

1,1170 - 1,1110

USD/JPY - Dollar Yen

96,50. USD JPY broke 95,50 resistance. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The uptrend should continue on 96,70 resistance (20 pips).

Resistances

96,70 - 97,15

Supports

96,00 - 95,50