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AFX: Currency Majors Technical Analysis
 
1,3033. EUR USD broke 1,2950 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The uptrend should continue on 1,3190 resistance (157 pips).

Resistances

1,3075 - 1,3190

Supports

1,2950 - 1,2875


GBP/USD - British Pound Dollar
1,4152. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,4060 (92 pips). The uptrend should continue on 1,4300 resistance (148 pips).

Resistances

Source