Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,4323. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum.

Resistances

1,4340 - 1,4400

Supports

1,4270 - 1,4210

GBP/USD - British Pound Dollar

1,6620. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,6540 (80 pips). The uptrend should continue to gather momentum.

Resistances

1,6660 - 1,6765

Supports

1,6550 - 1,6460

USD/CHF - Dollar Swiss Franc

1,0614. 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 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.

Resistances

1,0650 - 1,0740

Supports

1,0595 - 1,0500

USD/CAD - US Dollar Canadian Dollar

1,0810. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The price is just above 1,0780 support. The volatility is low. 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 CAD. The downtrend should continue to gather momentum.

Resistances

1,0860 - 1,0970

Supports

1,0780 - 1,0680

USD/JPY - Dollar Yen

95,61. USD JPY is in a range between 94,45 and 97,15. The volatility is low. Oscillators are neutral. The price should continue to move in 94,45 / 97,15 range.

Resistances

96,15 - 97,15

Supports

95,30 - 94,45