Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4380. 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 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,4350 (30 pips). The uptrend should continue to gather momentum.

Resistances

1,4445 - 1,4500

Supports

1,4350 - 1,4330

GBP/USD - British Pound Dollar

1,6936. 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 low. Bollinger bands are flat. ForexTrend 4H, 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 support above 1,6910 (26 pips). The uptrend should continue to gather momentum.

Resistances

1,7000 - 1,7050

Supports

1,6910 - 1,6820

USD/CHF - Dollar Swiss Franc

1,0630. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,0560 / 1,0660 range.

Resistances

1,0660 - 1,0735

Supports

1,0560 - 1,0530

USD/CAD - US Dollar Canadian Dollar

1,0695. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,0720 (25 pips). The downtrend should continue to gather momentum.

Resistances

1,0720 - 1,0755

Supports

1,0635 - 1,0600

USD/JPY - Dollar Yen

94,68. 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 / 95,80 range.

Resistances

95,05 - 95,50

Supports

94,50 - 94,00

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