Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4062. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The consolidation should continue. The price should continue to move in 1,4000 / 1,4100 range.

Resistances

1,4095 - 1,4135

Supports

1,4040 - 1,4000

GBP/USD - British Pound Dollar

1,6486. GBP USD is in a consolidation after the last bullish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,6525 (39 pips). The price should consolidate.

Resistances

1,6425 - 1,6560

Supports

1,6470 - 1,6350

USD/CHF - Dollar Swiss Franc

1,0890. USD CHF broke 1,0770 resistance. USD CHF 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. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The consolidation should continue. The price should continue to move in 1,0835 / 1,0910 range. If the resistance breaks then the target will be 1,0960 (70 pips).

Resistances

1,0910 - 1,0960

Supports

1,0835 - 1,0770

USD/CAD - US Dollar Canadian Dollar

1,0842. USD CAD is in an downtrend directed by 4H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. 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 1,0750 / 1,0925 range.

Resistances

1,0890 - 1,0925

Supports

1,0835 - 1,0750

USD/JPY - Dollar Yen

95,13. 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 low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

95,40 - 95,90

Supports

94,80 - 94,00

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