Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4537. 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 rises. Bollinger bands are deviated. 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 1,4470 (67 pips). The uptrend should continue to gather momentum.

Resistances

1,4550 - 1,4660

Supports

1,4520 - 1,4455

GBP/USD - British Pound Dollar

1,6538. GBP USD is in a consolidation after the last bearish movement. There is an horizontal range between 1,6475 and 1,6540. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,6550 - 1,6600

Supports

1,6445 - 1,6365

USD/CHF - Dollar Swiss Franc

1,0425. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum.

Resistances

1,0450 - 1,0500

Supports

1,0420 - 1,0390

USD/CAD - US Dollar Canadian Dollar

1,0769. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The consolidation should continue. The price should continue to move in 1,0675 / 1,0845 range.

Resistances

1,0845 - 1,0900

Supports

1,0750 - 1,0675

USD/JPY - Dollar Yen

92,28. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

92,60 - 93,30

Supports

92,00 - 91,50

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