Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,4614. 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 decreases. Bollinger bands are tightened. 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 1,4600 (14 pips). The uptrend should continue to gather momentum.

Resistances

1,4650 - 1,4690

Supports

1,4600 - 1,4515

GBP/USD - British Pound Dollar

1,6614. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.

Resistances

1,6630 - 1,6740

Supports

1,6525 - 1,6475

USD/CHF - Dollar Swiss Franc

1,0357. 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 decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0370 (13 pips). The downtrend should continue to gather momentum.

Resistances

1,0360 - 1,0425

Supports

1,0325 - 1,0290

USD/CAD - US Dollar Canadian Dollar

1,0839. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

Resistances

1,0880 - 1,0925

Supports

1,0820 - 1,0735

USD/JPY - Dollar Yen

91,08. 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 is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 91,25 (17 pips). The consolidation should continue.

Resistances

91,25 - 91,60

Supports

90,75 - 90,20

Mataf.net : technical analysis, Forex, currency converter