Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,4116. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The consolidation should continue. The price should find a support above 1,4050 (66 pips).

Resistances

1,4150 - 1,4200

Supports

1,4085 - 1,4050

GBP/USD - British Pound Dollar

1,6464. GBP 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. The price should continue to move in Bollinger bands.

Resistances

1,6550 - 1,6750

Supports

1,6385 - 1,6240

USD/CHF - Dollar Swiss Franc

1,0762. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The consolidation should continue.

Resistances

1,0780 - 1,0890

Supports

1,0710 - 1,0630

USD/CAD - US Dollar Canadian Dollar

1,1480. USD CAD broke 1,1510 support. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,1440 (40 pips). The consolidation should continue.

Resistances

1,1510 - 1,1650

Supports

1,1440 - 1,1380

USD/JPY - Dollar Yen

96,60. USD JPY 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. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

97,00 - 97,50

Supports

96,15 - 95,05

Mataf.net : technical analysis, Forex, currency converter