Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4323. 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 daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,4350 - 1,4375

Supports

1,4275 - 1,4200

GBP/USD - British Pound Dollar

1,6499. GBP USD is in a range between 1,6375 and 1,6595. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in Bollinger bands.

Resistances

1,6545 - 1,6595

Supports

1,6440 - 1,6375

USD/CHF - Dollar Swiss Franc

1,0601. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF broke the uptrend to begin a bearish movement. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0630 (29 pips). The downtrend should continue to gather momentum.

Resistances

1,0630 - 1,0685

Supports

1,0550 - 1,0500

USD/CAD - US Dollar Canadian Dollar

1,0755. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0840 (85 pips). The downtrend should continue on 1,0650 support (105 pips).

Resistances

1,0780 - 1,0850

Supports

1,0750 - 1,0650

USD/JPY - Dollar Yen

94,72. 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 decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

95,05 - 95,25

Supports

94,50 - 93,40

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