Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,3937. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The consolidation should continue.

Resistances

1,3990 - 1,4110

Supports

1,3890 - 1,3825

GBP/USD - British Pound Dollar

1,6269. GBP USD broke 1,6400 support. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 1,6210 / 1,6600 range.

Resistances

1,6400 - 1,6600

Supports

1,6210 - 1,6180

USD/CHF - Dollar Swiss Franc

1,0985. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,1030 - 1,1120

Supports

1,0920 - 1,0875

USD/CAD - US Dollar Canadian Dollar

1,1621. USD CAD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a support above 1,1530 (91 pips). The uptrend should continue to gather momentum.

Resistances

1,1640 - 1,1680

Supports

1,1530 - 1,1425

USD/JPY - Dollar Yen

96,37. USD JPY broke 95,80 resistance. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should find a resistance below 96,60 (23 pips). The price should consolidate.

Resistances

96,60 - 97,15

Supports

95,80 - 94,90

Mataf.net : technical analysis, Forex, currency converter