Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3870. EUR USD broke 1,3940 support. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,3800 support (70 pips).

Resistances

1,3895 - 1,3935

Supports

1,3835 - 1,3800

GBP/USD - British Pound Dollar

1,6363. GBP USD is in a range between 1,6240 and 1,6625. 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. The price should continue to move in Bollinger bands.

Resistances

1,6400 - 1,6510

Supports

1,6305 - 1,6240

USD/CHF - Dollar Swiss Franc

1,0907. USD CHF is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue on 1,0960 resistance (53 pips).

Resistances

1,0920 - 1,0960

Supports

1,0840 - 1,0750

USD/CAD - US Dollar Canadian Dollar

1,1307. USD CAD is in an uptrend supported by 15min exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The uptrend should continue on 1,1420 resistance (113 pips).

Resistances

1,1350 - 1,1420

Supports

1,1250 - 1,1150

USD/JPY - Dollar Yen

98,14. USD JPY is in a range between 97,05 and 98,60. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should find a resistance below 98,60 (46 pips). The price should continue to move in Bollinger bands.

Resistances

98,50 - 99,00

Supports

98,05 - 97,50

Mataf.net : technical analysis, Forex, currency converter