Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,4165. 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 is low. Bollinger bands are flat. 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 find a support above 1,4050 (115 pips).

Resistances

1,4200 - 1,4340

Supports

1,4105 - 1,4050

GBP/USD - British Pound Dollar

1,6240. GBP USD broke 1,6355 support. GBP USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,5900 support (340 pips).

Resistances

1,6355 - 1,6660

Supports

1,6185 - 1,5980

USD/CHF - Dollar Swiss Franc

1,0692. 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 low. Bollinger bands are flat. 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 Bollinger bands.

Resistances

1,0745 - 1,0800

Supports

1,0640 - 1,0595

USD/CAD - US Dollar Canadian Dollar

1,1120. USD CAD broke 1,1000 resistance. USD CAD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The consolidation should continue. The price should continue to move in 1,1000 / 1,1230 range.

Resistances

1,1150 - 1,1235

Supports

1,1075 - 1,1015

USD/JPY - Dollar Yen

96,15. 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). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

96,40 - 96,80

Supports

95,30 - 94,45