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Currency Majors Technical Analysis

Forex / European Session - 21/08/2009

Rating: 1 votes, 5.00 average.
by , 08-21-2009 at 02:20 AM (588 Views)
[LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,4219. EUR USD is in a consolidation after the last bullish movement. EUR 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 1,4205 / 1,4270 range. If the support breaks then the target will be 1,4130 (89 pips). [/LEFT][INDENT][LEFT][B]Resistances[/B]1,4240 - 1,4270[B]Supports[/B]1,4205 - 1,4130[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER]Mataf.net : [URL="http://www.mataf.net/en/forex/analysis"]technical analysis[/URL], [URL="http://www.mataf.net/"]Forex[/URL], [URL="http://www.mataf.net/en/currency/converter"]currency converter[/URL][LEFT][SIZE="5"]GBP/USD - British Pound Dollar[/SIZE]1,6452. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 1,6280 / 1,6595 range. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,6520 - 1,6595[B]Supports[/B]1,6375 - 1,6280[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/gbpusd"]GBP/USD - British Pound Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/gbpusd.png[/IMG][/CENTER][LEFT][SIZE="5"]USD/CHF - Dollar Swiss Franc[/SIZE]1,0645. USD CHF is in a consolidation after the last bearish movement. The volatility is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,0620 (25 pips). The consolidation should continue. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,0685 - 1,0730[B]Supports[/B]1,0625 - 1,0600[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/usdchf"]USD/CHF - Dollar Swiss Franc [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/usdchf.png[/IMG][/CENTER][LEFT][SIZE="5"]USD/CAD - US Dollar Canadian Dollar[/SIZE]1,0925. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should find a support above 1,0870 (55 pips). The consolidation should continue. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,0940 - 1,1000[B]Supports[/B]1,0870 - 1,0815[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/usdcad"]USD/CAD - US Dollar Canadian Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/usdcad.png[/IMG][/CENTER][LEFT][SIZE="5"]USD/JPY - Dollar Yen[/SIZE]93,68. USD JPY is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 93,50 (18 pips). The price should consolidate. [/LEFT][INDENT][LEFT][B]Resistances[/B]93,85 - 94,40[B]Supports[/B]93,50 - 93,25[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/usdjpy"]USD/JPY - Dollar Yen [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/usdjpy.png[/IMG][/CENTER]
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