Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4135. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4160 (25 pips).

Resistances

1,4155 - 1,4195

Supports

1,4075 - 1,3980

GBP/USD - British Pound Dollar

1,6582. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 1,6500 (82 pips).

Resistances

1,6660 - 1,6735

Supports

1,6550 - 1,6500

USD/CHF - Dollar Swiss Franc

1,0802. 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 - 1,1025

Supports

1,0780 - 1,0630

USD/CAD - US Dollar Canadian Dollar

1,1528. USD CAD is in an uptrend supported by 4H exponential moving averages. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,1500 (28 pips). The uptrend should continue to gather momentum.

Resistances

1,1590 - 1,1640

Supports

1,1510 - 1,1420

USD/JPY - Dollar Yen

95,93. USD JPY is in a range between 95,00 and 96,55. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

96,30 - 96,55

Supports

95,35 - 95,00

Mataf.net : technical analysis, Forex, currency converter