Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,4191. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,4100 and 1,4340. 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 price should continue to move in Bollinger bands.

Resistances

1,4240 - 1,4340

Supports

1,4105 - 1,3970

GBP/USD - British Pound Dollar

1,6099. GBP USD broke the uptrend to begin a bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4J ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,5900 support (199 pips).

Resistances

1,6150 - 1,6350

Supports

1,6090 - 1,5900

USD/CHF - Dollar Swiss Franc

1,0685. 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 price should find a resistance below 1,0770 (85 pips). The consolidation should continue.

Resistances

1,0700 - 1,0770

Supports

1,0645 - 1,0600

USD/CAD - US Dollar Canadian Dollar

1,0685. 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 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 CAD. The price should find a resistance below 1,0770 (85 pips). The consolidation should continue.

Resistances

1,0700 - 1,0770

Supports

1,0950 - 1,0780

USD/JPY - Dollar Yen

96,76. USD JPY is in a range between 95,30 and 96,90. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 97,00 (24 pips). The price should continue to move in Bollinger bands.

Resistances

97,00 - 97,50

Supports

96,50 - 95,30