Currency Majors Technical Analysis

European Session

EUR/USD - Euro Dollar

1,4632. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,4560 (72 pips). The consolidation should continue.

Resistances

1,4645 - 1,4690

Supports

1,4590 - 1,4560

GBP/USD - British Pound Dollar

1,5938. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue.

Resistances

1,5950 - 1,6090

Supports

1,5860 - 1,5770

USD/CHF - Dollar Swiss Franc

1,0323. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances

1,0350 - 1,0380

Supports

1,0315 - 1,0240

USD/CAD - US Dollar Canadian Dollar

1,0843. USD CAD is in a consolidation after the last bullish movement. The volatility is high. Oscillators are neutral. The price should continue to move in 1,0815 / 1,1015 range.

Resistances

1,0895 - 1,0945

Supports

1,0830 - 1,0815

USD/JPY - Dollar Yen

89,95. USD JPY is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 90,30 (35 pips). The consolidation should continue.

Resistances

90,30 - 91,65

Supports

89,60 - 88,70

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