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Currency Majors Technical Analysis

Forex / American Session - 26/01/2009

Rating: 1 votes, 5.00 average.
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by
Mataf
on 01-26-2009 at 07:40 AM (608 Views)
EUR/USD - Euro Dollar
1,2985. EUR USD is in a range between 1,2765 and 1,3075. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.
Resistances
1,3020 - 1,3075
Supports
1,2870 - 1,2765
more information on EUR/USD - Euro Dollar Click Here
GBP/USD - British Pound Dollar
1,3795. GBP USD is in a range between 1,3500 and 1,3910. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should continue to move in Bollinger bands.
Resistances
1,3910 - 1,4050
Supports
1,3720 - 1,3500
more information on GBP/USD - British Pound Dollar Click Here
USD/CAD - US Dollar Canadian Dollar
1,2250. USD CAD is in an downtrend directed by 15min exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,2300 (50 pips). The downtrend should continue on 1,2100 support (150 pips).
Resistances
1,2280 - 1,2410
Supports
1,2180 - 1,2100
more information on USD/CAD - US Dollar Canadian Dollar Click Here
USD/CHF - Dollar Swiss Franc
1,1575. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,1530 / 1,1700 range.
Resistances
1,1645 - 1,1720
Supports
1,1530 - 1,1380
more information on USD/CHF - Dollar Swiss Franc Click Here
USD/JPY - Dollar Yen
89,03. USD JPY is in a range between 88,10 and 89,50. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.
Resistances
89,50 - 90,20
Supports
88,65 - 88,10
more information on USD/JPY - Dollar Yen Click Here
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