Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4074. EUR USD is in a range between 1,3890 and 1,4110. 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. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should continue to move in 1,3990 / 1,4110 range.

Resistances

1,4110 - 1,4170

Supports

1,3990 - 1,3890

GBP/USD - British Pound Dollar

1,6564. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,6410 (154 pips). The uptrend should continue on 1,6650 resistance (86 pips).

Resistances

1,6595 - 1,6650

Supports

1,6445 - 1,6360

USD/CHF - Dollar Swiss Franc

1,0840. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

1,0915 - 1,1020

Supports

1,0800 - 1,0630

USD/CAD - US Dollar Canadian Dollar

1,1524. USD CAD is in a range between 1,1460 and 1,1640. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.

Resistances

1,1590 - 1,1640

Supports

1,1460 - 1,1420

USD/JPY - Dollar Yen

95,31. USD JPY is in a consolidation after the last bearish movement. 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 bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

95,60 - 96,50

Supports

94,90 - 94,40

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