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Currency Majors Technical Analysis

Forex / European Session - 25/08/2009

Rating: 1 votes, 5.00 average.
by , 08-25-2009 at 01:37 AM (489 Views)
[LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,4301. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,4310 - 1,4375[B]Supports[/B]1,4275 - 1,4200[/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]1,6413. GBP USD 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. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a resistance below 1,6450 (37 pips). The downtrend should continue to gather momentum. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,6450 - 1,6595[B]Supports[/B]1,6380 - 1,6295[/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]1,0618. 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 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a resistance below 1,0630 (12 pips). The downtrend should continue to gather momentum. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,0630 -1,0685[B]Supports[/B]1,0550 - 1,0500[/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]1,0772. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a resistance below 1,0815 (43 pips). The downtrend should continue to gather momentum. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,0785 - 1,0815[B]Supports[/B]1,0760 - 1,0725[/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]93,98. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 93,60 (38 pips). [/LEFT][INDENT][LEFT][B]Resistances[/B]94,40 - 95,05[B]Supports[/B]93,90 - 93,40[/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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