Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4180. 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 rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The consolidation should continue. The price should continue to move in 1,4100 / 1,4340 range.

Resistances

1,4240 - 1,4340

Supports

1,4105 - 1,3970

GBP/USD - British Pound Dollar

1,6462. 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 daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The consolidation should continue. The price should continue to move in 1,6350 / 1,6660 range.

Resistances

1,6550 - 1,6660

Supports

1,6350 - 1,6240

USD/CHF - Dollar Swiss Franc

1,0701. 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 rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The consolidation should continue. The price should continue to move in 1,0600 / 1,0750 range.

Resistances

1,0745 - 1,0800

Supports

1,0640 - 1,0595

USD/CAD - US Dollar Canadian Dollar

1,0935. 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 rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should continue to move in 1,0780 / 1,0970 range.

Resistances

1,0970 - 1,1065

Supports

1,0850 - 1,0780

USD/JPY - Dollar Yen

95,99. USD JPY is in a range between 95,30 and 96,80. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

96,40 - 96,80

Supports

95,80 - 95,30