Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4477. EUR USD broke 1,4360 resistance. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue to gather momentum. The price should consolidate.

Resistances

1,4500 - 1,4600

Supports

1,4415 - 1,4365

GBP/USD - British Pound Dollar

1,6562. GBP USD broke 1,6445 resistance. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,6600 (38 pips). The price should consolidate.

Resistances

1,6600 - 1,6655

Supports

1,6445 - 1,6290

USD/CHF - Dollar Swiss Franc

1,0470. USD CHF broke 1,0550 support. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum.

Resistances

1,0500 - 1,0530

Supports

1,0450 - 1,0350

USD/CAD - US Dollar Canadian Dollar

1,0698. USD CAD is in an downtrend directed by 1H exponential moving averages. The volatility is high. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The downtrend should continue to gather momentum.

Resistances

1,0730 - 1,0800

Supports

1,0675 - 1,0630

USD/JPY - Dollar Yen

92,24. USD JPY is in a consolidation after the last bearish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 91,90 (34 pips). The consolidation should continue.

Resistances

92,50 - 92,80

Supports

91,95 - 91,80

Mataf.net : technical analysis, Forex, currency converter