Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4226. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum.

Resistances

1,4260 - 1,4330

Supports

1,4200 - 1,4160

GBP/USD - British Pound Dollar

1,6513. GBP USD is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,6550 (37 pips). The price should consolidate.

Resistances

1,6550 - 1,6615

Supports

1,6440 - 1,6340

USD/CHF - Dollar Swiss Franc

1,0689. USD CHF is in a range between 1,0635 and 1,0715. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0720 (31 pips). The downtrend should continue to gather momentum.

Resistances

1,0715 - 1,0790

Supports

1,0630 - 1,0590

USD/CAD - US Dollar Canadian Dollar

1,0978. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue to gather momentum.

Resistances

1,1015 - 1,1100

Supports

1,0960 - 1,0940

USD/JPY - Dollar Yen

94,36. USD JPY is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 94,80 (44 pips). The uptrend seems to be finished. The price should continue to move in 93,25 / 94,80 range.

Resistances

94,55 - 94,75

Supports

94,10 - 93,25

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