Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4170. 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 continue to move in Bollinger bands.

Resistances

1,4240 - 1,4340

Supports

1,4105 - 1,3970

GBP/USD - British Pound Dollar

1,6230. GBP USD is in a consolidation after the last bearish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 1,6000 / 1,6330 range.

Resistances

1,6250 - 1,6330

Supports

1,6100 - 1,6020

USD/CHF - Dollar Swiss Franc

1,0690. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. USD CHF is in a range between 1,0600 and 1,0770. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue.

Resistances

1,0725 - 1,0770

Supports

1,0660 - 1,0600

USD/CAD - US Dollar Canadian Dollar

1,0970. USD CAD is in a range between 1,0950 and 1,1060. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,1050 - 1,1160

Supports

1,0950 - 1,0790

USD/JPY - Dollar Yen

97,45. USD JPY broke 97,00 resistance. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 97,70 (25 pips). The price should consolidate.

Resistances

97,70 - 98,20

Supports

97,00 - 96,50