Currency Majors Technical Analysis

American Session

EUR/USD - Euro Dollar

1,4550. 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 high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,4510 (40 pips). The consolidation should continue.

Resistances

1,4570 - 1,4630

Supports

1,4515 - 1,4460

GBP/USD - British Pound Dollar

1,6548. GBP USD is in a consolidation after the last bearish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,6475 support (73 pips).

Resistances

1,6600 - 1,6640

Supports

1,6475 - 1,6320

USD/CHF - Dollar Swiss Franc

1,0400. 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. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0430 (30 pips). The downtrend should continue to gather momentum.

Resistances

1,0430 - 1,0495

Supports

1,0340 - 1,0315

USD/CAD - US Dollar Canadian Dollar

1,0905. USD CAD broke 1,0880 resistance. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should consolidate.

Resistances

1,0925 - 1,0965

Supports

1,0880 - 1,0820

USD/JPY - Dollar Yen

90,87. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 91,00 (13 pips). The downtrend should continue to gather momentum.

Resistances

90,00 - 92,00

Supports

90,20 - 90,00

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