Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,3863. EUR USD is in a range between 1,3745 and 1,3935. EUR USD 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 bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,3935 - 1,4000

Supports

1,3810 - 1,3745

GBP/USD - British Pound Dollar

1,6402. GBP USD is in a range between 1,6200 and 1,6620. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,6340 / 1,6510 range.

Resistances

1,6510 - 1,6620

Supports

1,6350 - 1,6200

USD/CHF - Dollar Swiss Franc

1,0867. USD CHF is in a range between 1,0825 and 1,0955. 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 1,0825 / 1,0955 range.

Resistances

1,0910 - 1,0955

Supports

1,0825 - 1,0760

USD/CAD - US Dollar Canadian Dollar

1,1325. USD CAD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,1220 / 1,1380 range.

Resistances

1,1380 - 1,1420

Supports

1,1225 - 1,1170

USD/JPY - Dollar Yen

96,56. USD JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum.

Resistances

96,70 - 97,30

Supports

96,10 - 95,80

Mataf.net : technical analysis, Forex, currency converter