Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3902. EUR USD is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 1,3820 / 1,4000 range.

Resistances

1,3925 - 1,4000

Supports

1,3825 - 1,3745

GBP/USD - British Pound Dollar

1,6469. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should continue to move in 1,6200 / 1,6635 range.

Resistances

1,6505 - 1,6625

Supports

1,6330 - 1,6200

USD/CHF - Dollar Swiss Franc

1,0847. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should continue to move in 1,0730 / 1,0960 range.

Resistances

1,0885 - 1,0955

Supports

1,0825 - 1,0735

USD/CAD - US Dollar Canadian Dollar

1,1235. USD CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should continue to move in 1,1170 / 1,1400 range.

Resistances

1,1305 - 1,1400

Supports

1,1225 - 1,1165

USD/JPY - Dollar Yen

97,02. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 97,45 (43 pips). The downtrend should continue to gather momentum.

Resistances

97,45 - 97,50

Supports

96,10 - 95,50

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