Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4304. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4330 (26 pips). The consolidation should continue. If the resistance breaks then the target will be 1,4390 (86 pips).

Resistances

1,4330 - 1,4390

Supports

1,4240 - 1,4180

GBP/USD - British Pound Dollar

1,6585. GBP USD 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 price should continue to move in Bollinger bands.

Resistances

1,6605 - 1,6655

Supports

1,6530 - 1,6400

USD/CHF - Dollar Swiss Franc

1,0680. USD CHF is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 1,0625 support (55 pips).

Resistances

1,0690 - 1,0735

Supports

1,0670 - 1,0625

USD/CAD - US Dollar Canadian Dollar

1,0867. USD CAD is in a range between 1,0800 and 1,0900. USD CAD 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 price should continue to move in Bollinger bands.

Resistances

1,0910 - 1,0790

Supports

1,0800 - 1,0755

USD/JPY - Dollar Yen

94,84. USD JPY broke 95,00 support. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 95,20 (36 pips). The downtrend should continue on 94,00 support (84 pips).

Resistances

95,10 - 95,40

Supports

94,75 - 94,15

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