Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4117. EUR USD broke 1,4130 support. The volatility is high. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue on 1,4050 support (67 pips).

Resistances

1,4130 - 1,4195

Supports

1,4090 - 1,4050

GBP/USD - British Pound Dollar

1,6405. GBP USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a resistance below 1,6415 (10 pips). The consolidation should continue.

Resistances

1,6415 - 1,6470

Supports

1,6350 - 1,6285

USD/CHF - Dollar Swiss Franc

1,0818. USD CHF broke 1,0790 resistance. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The uptrend should continue on 1,0950 resistance (132 pips).

Resistances

1,0830 - 1,0880

Supports

1,0790 - 1,0730

USD/CAD - US Dollar Canadian Dollar

1,0853. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. USD CAD is in a range between 1,0750 and 1,0900. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,0895 - 1,0985

Supports

1,0800 - 1,0750

USD/JPY - Dollar Yen

94,77. USD JPY is in a consolidation after the last bullish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 94,00 / 95,40 range.

Resistances

95,00 - 95,40

Supports

94,60 - 94,00

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