Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4073. The price is just above 1,4050 support. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,4050 (23 pips). The price has a good probability to go up.

Resistances

1,4120 - 1,4150

Supports

1,4050 - 1,4030

GBP/USD - British Pound Dollar

1,6407. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in Bollinger bands.

Resistances

1,6450 - 1,6545

Supports

1,6330 - 1,6240

USD/CHF - Dollar Swiss Franc

1,0832. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should continue to move in Bollinger bands.

Resistances

1,0890 - 1,0915

Supports

1,0710 - 1,0630

USD/CAD - US Dollar Canadian Dollar

1,1526. USD CAD is in a consolidation after the last bearish movement. The volatility is low. daily ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,1540 - 1,1655

Supports

1,1440 - 1,1380

USD/JPY - Dollar Yen

96,68. 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

96,80 - 97,00

Supports

96,15 - 95,05

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