Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4227. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum.

Resistances

1,4245 - 1,4320

Supports

1,4165 - 1,4115

GBP/USD - British Pound Dollar

1,6389. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum.

Resistances

1,6440 - 1,6600

Supports

1,6300 - 1,6180

USD/CHF - Dollar Swiss Franc

1,0665. 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 decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The price should find a resistance below 1,0700 (35 pips).

Resistances

1,0700 - 1,0790

Supports

1,0615 - 1,0600

USD/CAD - US Dollar Canadian Dollar

1,0825. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,0850 (25 pips). The downtrend should continue to gather momentum.

Resistances

1,0850 - 1,0955

Supports

1,0780 - 1,0740

USD/JPY - Dollar Yen

95,16. USD JPY is in a consolidation after the last bearish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

95,50 - 96,25

Supports

94,40 - 93,90