Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3947. EUR 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. The price should continue to move in 1,3930 / 1,4060 range. If the support breaks then the target will be 1,3800 (147 pips).

Resistances

1,4060 - 1,4240

Supports

1,3930 - 1,3800

GBP/USD - British Pound Dollar

1,6418. GBP USD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,6250 / 1,6500 range.

Resistances

1,6500 - 1,6590

Supports

1,6360 - 1,6250

USD/CHF - Dollar Swiss Franc

1,0807. USD CHF is in a range between 1,0720 and 1,0850. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). 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

1,0850 - 1,0990

Supports

1,0720 - 1,0650

USD/CAD - US Dollar Canadian Dollar

1,1055. USD CAD is in a range between 1,0940 and 1,1150. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,1070 - 1,1150

Supports

1,1000 - 1,0940

USD/JPY - Dollar Yen

98,25. USD JPY is in a range between 97,10 and 98,90. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.

Resistances

98,50 - 98,90

Supports

97,60 - 97,10