Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



Daily Technical Analysis by FxGrow


Recommended Posts

FxGrow Daily Technical Analysis – 08th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpscbgtzhvv.png

AUDUSD was indecisive yesterday as it touched a high of 0.7538 and a low of 0.7470 towards the end of the trading session.  Today Aussie is trading above its 100 day SMA of 0.7496 as it crosses the 0.7500 handle in the European trading session. The near term bias is Bullish with targets of 0.7550

STOCH (9, 6) is Neutral; RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 0.7491 while Resistance is at 0.7512

08th July 2016 – 09:46hrs GMT

USDJPY
USDJPY_zps0f4rsqfy.png

USDJPY was moderately bearish yesterday and came down below 101 handle towards the end of the trading session. The scope for upside moves is limited and outlook is negative towards the 99 handle in the coming days. The pair is trading below its 100day SMA of 101.39 in the European trading session. The near term bias is Neutral to Bearish with targets of 100.30

RSI (14), CCI (14), Ultimate Oscillator are Neutral; STOCH (9, 6), MACD (12, 26), ROC indicate a SELL; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 100.40 while Resistance is at 100.82

08th July 2016 – 09:55hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

  • Replies 978
  • Created
  • Last Reply

Top Posters In This Topic

FxGrow Daily Technical Analysis – 11th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpssmkban9k.png

EURUSD has opened the week lower and is trading below the 1.1050 handle and a bearish trend is expected later today. The pair is trading below its 100 day SMA of 1.1073 and a downtrend is expected towards the 1.1000 levels. The near term bias is Neutral to Bearish with targets of 1.0950

RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; STOCH (9, 6) is Neutral; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.1002 while Resistance is at 1.1034 and 1.1097

11th July 2016 – 09:32hrs GMT

GBPUSD
GBPUSD_zpsdzbmq3xb.png

GBPUSD has opened the week lower and is trading below the 1.2900 handle with further weakness towards the 1.2700 levels. Today Cable is trading below its 100 day SMA of 1.2964 and strong bearish correction is expected later today. The near term bias is Bearish with targets of 1.2800

RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; STOCH (9, 6) is Neutral; CCI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.2824 while Resistance is at 1.2920 and 1.2936

11th July 2016 – 09:40hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 11th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsrbefueob.png

AUDUSD opened this week with an uptrend crossing the 0.7550 levels in the Asian trading session. The pair is looking to break the 0.7600 handle in US trading session today. Today Aussie is trading above its 100 day SMA of 0.7502 and the near term bias is Bullish with targets of 0.7550 to 0.7600

MACD (12, 26), MA100 indicate a BUY; RSI (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 0.7491 while Resistance is at 0.7575

11th July 2016 – 09:48hrs GMT

USDJPY
USDJPY_zpsiwrw4umx.png

USDJPY has opened the week on a strong bullish tone as it crossed the 102 handle in the European trading session. The pair is trading above its 100day SMA of 101.02 and a move towards 103 is expected. The near term bias is Bullish with targets of 102.50 to 103

STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; RSI (14), STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 101.46 while Resistance is at 102.42

11th July 2016 – 10:10hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 12th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpszysliup8.png

EURUSD was indecisive yesterday as it touched a low of 1.1015 and a high of 1.1069 towards the end of the trading session. The pair is trading above its 100 day SMA of 1.1066 and an upward momentum is seen in the European trading session. The near term bias is Strong Bullish with targets of 1.1150 to 1.1200

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a BUY; STOCHRSI (14), CCI (14), Ultimate Oscillator are Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.1098 while Resistance is at 1.1120 and 1.1131

12th July 2016 – 07:42hrs GMT

GBPUSD
GBPUSD_zpsmgk9qxam.png

GBPUSD made bullish correction yesterday as it crossed 1.3000 handle towards the end of the trading session. Today Cable is trading above its 100 day SMA of 1.2959 and strong bullish momentum is seen in the European trading session. The near term bias is Bullish with targets of 1.3150 to 1.3200

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.3055 while Resistance is at 1.3107 and 1.3124

12th July 2016 – 08:00hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 12th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsbnmfhbcn.png

AUDUSD was flat yesterday without any major changes towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7524 and the near term bias is Bullish with targets of 0.7650 to 0.7680

STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; RSI (14), STOCHRSI (14) are Overbought; while Average True Range (14) indicates High Volatility.
Support is at 0.7585 while Resistance is at 0.7665

12th July 2016 – 08:10hrs GMT

USDJPY
USDJPY_zps8ewxipxr.png

USDJPY was bullish yesterday as it crossed the 102.50 handle yesterday and remained strong towards the end of the trading session. The pair is trading above its 100day SMA of 101.32 with some fluctuation seen in the European trading session. The near term bias is Bullish with targets of 103.50 to 104

RSI (14), STOCH (9, 6), MACD (12, 26), ROC indicate a BUY; ADX (14), CCI (14) are Neutral; while Average True Range (14) indicates High Volatility.

Support is at 102.84 while Resistance is at 103.55

12th July 2016 – 08:20hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 13th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsmaszhlgr.png

EURUSD was bullish yesterday as it touched a high of 1.1125 but could not sustain bullish momentum and came down to close below 1.1060 towards the end of the trading session. The pair is trading below its 100 day SMA of 1.1065 as it tests its support of 1.1000 later today. The near term bias is Bearish with targets of 1.1000

RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.1049 while Resistance is at 1.1064 and 1.1075

13th July 2016 – 08:10hrs GMT

GBPUSD
GBPUSD_zpsteyqbdv4.png

GBPUSD was bullish yesterday as it crossed 1.3250 handle towards the end of the trading session. Today Cable tried to cross the 1.3300 levels but had a bearish pullback and is trading above its 100 day SMA of 1.3036 in the European trading session. The near term bias is Neutral with sideways moves expected

RSI (14), STOCH (9, 6), Ultimate Oscillator are Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.3119 while Resistance is at 1.3275 and 1.3340

13th July 2016 – 08:20hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 13th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsyombelyf.png

AUDUSD had a bullish momentum yesterday as it crossed 0.7650 handle and remained strong towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7554 and the near term bias is Bearish with targets of 0.7550

RSI (14), STOCH (9, 6), ADX (14), CCI (14), ROC indicate a SELL; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 0.7548 while Resistance is at 0.7646 and 0.7658

13th July 2016 – 08:25hrs GMT

USDJPY
USDJPY_zps4q7dr2mr.png

USDJPY had a strong bullish move yesterday as it crossed the 104.50 handle yesterday and remained strong towards the end of the trading session. The pair is trading above its 100day SMA of 102.16 and some bearish correction is expected later today. The near term bias is Bearish with targets of 104 to 103.50

STOCH (9, 6), ADX (14), CCI (14), ROC indicate a SELL; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 103.54 while Resistance is at 104.83 and 104.98

13th July 2016 – 08:32hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 14th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsjbardyqd.png

EURUSD was bullish yesterday as it crossed 1.1100 handle and since then it has entered into a phase of consolidation. The pair is trading above its 100 day SMA of 1.1071 and the short term bias remains on the upside. The near term bias is Bullish with targets of 1.1150

RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCH (9, 6) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 1.1098 while Resistance is at 1.1120 and 1.1130

14th July 2016 – 09:40hrs GMT

GBPUSD
GBPUSD_zpsqktowbmq.png

GBPUSD had a bearish momentum yesterday as it could not sustain its bullish moves above 1.3300 and pulled back below 1.3150 levels towards the end of the trading session. Today Cable is trading in a Bullish tone as it crossed 1.3200 handle and is trading above its 100day SMA of 1.3097 in the European trading session. The near term bias is Bullish with targets of 1.3350

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.3192 while Resistance is at 1.3258 and 1.3273

14th July 2016 – 09:50hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 14th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsbgkl4wsg.png

AUDUSD was indecisive yesterday as it touched a low of 0.7576 and a high of 0.7636 towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7584 and the near term bias is Bullish with targets of 0.7700

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 0.7593 while Resistance is at 0.7642 and 0.7647

14th July 2016 – 09:55hrs GMT

USDJPY
USDJPY_zpsisgq1cjj.png

USDJPY was indecisive yesterday and traded in a zigzag pattern towards the end of the trading session. Today the pair is moving in a strong bullish momentum and managed to cross 105.80 levels. The pair is trading above its 100day SMA of 103.12 and some pullback is expected later today. The near term bias is Bullish with targets of 106 to 106.50

STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 105.24 while Resistance is at 105.86 and 106.02

14th July 2016 – 10:00hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 15th July, 2016
By FxGrow Research & Analysis Team

The EURUSD gained ahead of US CPI data

The EURUSD traded higher staying above 1.1100 area on speculations of a drawdown in the core rate of inflation. The EURUSD advanced and gained traction on expectations that weak US economic data will affect Fed hiking rate decision negatively and therefore raises Fed scope to delay interest rate hike for December, and breaking 1.1170 will pave the way through 1.1200 zone to touch 1.1218 and 1.1260.

To read this Full in depth Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 18th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpslzftrfmm.png

EURUSD could not sustain its bullish moves last week and has opened this week lower trading below the 1.1100 handle in the European trading session. The pair is trading below its 100 day SMA of 1.1089 and the short term bearish formations are in place. The near term bias is Bearish with targets of 1.1000

RSI (14), STOCH (9, 6), MACD (12, 26), Ultimate Oscillator, MA100 indicate a SELL; CCI (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.1034 while Resistance is at 1.1111 and 1.1130

18th July 2016 – 11:15hrs GMT

GBPUSD
GBPUSD_zpscmtjsscl.png

GBPUSD could not sustain its bullish moves last week and closed below the 1.3200 handle. The pair is trading in a Neutral state since it opened today and the long term bearish correction will continue. Cable is trading below its 100day SMA of 1.3259 in the European trading session. The near term bias is Neutral to Bearish with targets of 1.3150

RSI (14), CCI (14) is Neutral; STOCH (9, 6), STOCHRSI (14), MACD (12, 26), Ultimate Oscillator indicate a SELL; while Average True Range (14) indicates Less Volatility.

Support is at 1.3131 while Resistance is at 1.3338 and 1.3480

18th July 2016 – 11:25hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 18th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpszw7fd8bo.png

AUDUSD was bullish last week and closed below the 0.7600 handle. The AUDUSD has opened lower and is trading in a Neutral state in the European trading session. Aussie is trading below its 100 day SMA of 0.7618 and the near term bias is Neutral to Bearish with targets of 0.7530

RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), ROC, MA100 indicate a SELL; CCI (14) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 0.7577 while Resistance is at 0.7600 and 0.7607

18th July 2016 – 11:35hrs GMT

USDJPY
USDJPY_zpsvuxxdnst.png

USDJPY was bullish last week and opened this week lower below the 105 handle. The USDJPY has recovered its early morning weakness and is now trading above its 100day SMA of 105.06 in the European trading session. The near term bias is Neutral to Bullish with targets of 106

RSI (14), STOCH (9, 6) are Neutral; , MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 105.04 while Resistance is at 105.93 and 106.31

18th July 2016 – 11:45hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 19th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsyfwplql0.png

EURUSD was indecisive yesterday as it touched a low of 1.1024 and a high of 1.1081 towards the end of the trading session. The pair is trading below its 100 day SMA of 1.1088 and the overall outlook remains bearish. The near term bias is Neutral to Bearish with targets of 1.1000 to 1.0950

MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; RSI (14), STOCHRSI (14) are Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 1.1042 while Resistance is at 1.1084 and 1.1099

19th July 2016 – 09:35AM ( UTC)

GBPUSD
GBPUSD_zpsv67urfqo.png

GBPUSD was indecisive yesterday as it touched a low of 1.3192 and a high of 1.3307 towards the end of the trading session.  Cable was unable to break above the 1.3400 levels and came down below its 100day SMA of 1.3259 in the European trading session. The near term bias is Bearish with targets of 1.3100

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator indicate a SELL; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.3171 while Resistance is at 1.3264 and 1.3314

19th July 2016 – 10:00AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 19th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsh2wtrv18.png

AUDUSD was bullish yesterday as it crossed the 0.7600 handle and remained firm towards the end of the trading session. The AUDUSD started to decline in the early Asian trading session today and is now trading below its 100 day SMA of 0.7602 in the European trading session. The near term bias is Neutral to Bearish with targets of 0.7450

RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a SELL; STOCH (9, 6), STOCHRSI (14) is Oversold; while Average True Range (14) indicates High Volatility.

Support is at 0.7472 while Resistance is at 0.7511 and 0.7545

19th July 2016 – 10:10AM (UTC)

USDJPY
USDJPY_zpsrzwpupzi.png

USDJPY was bullish yesterday as it crossed the 106 handle and remained strong towards the end of the trading session. The USDJPY maintains its bullish momentum and is looking to cross 107.50 over the week. It is trading above its 100day SMA of 105.42 in the European trading session. The near term bias is Neutral to Bullish with targets of 107

STOCHRSI (14) is Neutral; RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14) indicate a BUY; while Average True Range (14) indicates High Volatility.

Support is at 105.54 while Resistance is at 106.32 and 106.47

19th July 2016 – 10:17AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 20th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsypyka3ii.png

EURUSD was bearish yesterday as it came down below the 1.1050 handle and remained weak towards the end of the trading session. The pair is trading below its 100 day SMA of 1.1070 and some pullback correction is expected but the overall outlook remains bearish. The near term bias is Neutral to Bullish with targets of 1.1060

STOCH (9, 6), Ultimate Oscillator indicate a BUY; ADX (14), CCI (14) are Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 1.0981 while Resistance is at 1.1015 and 1.1024

20th July 2016 – 09:42AM (UTC)

GBPUSD
GBPUSD_zpslun9ivl7.png

GBPUSD was bearish yesterday as it broke below 1.3150 handle and remained weak towards the end of the trading session. Cable has made bullish correction today and is trading above 1.3170 now though the long term view remains bearish towards 1.3000 levels. GBPUSD is trading below its 100day SMA of 1.3238 in the European trading session. The near term bias is Neutral to Bullish with targets of 1.3200 to 1.3250

RSI (14), ADX (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14), CCI (14) are Overbought; STOCH (9, 6) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 1.3046 while Resistance is at 1.3218 and 1.3270

20th July 2016 – 09:40AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 20th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsanlceqhz.png

AUDUSD was bearish yesterday as it came down below 0.7500 handle and remained weak towards the end of the trading session. The AUDUSD is trading in a Neutral state today with sideways moves expected in the US trading session. The near term bias is Neutral with consolidation in the range of 0.7470 to 0.7530

RSI (14), STOCH (9, 6), CCI (14) are Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 0.7477 while Resistance is at 0.7510 and 0.7545

20th July 2016 – 09:46AM (UTC)

USDJPY
USDJPY_zpsu3lcjhlj.png

USDJPY was bullish yesterday as it crossed the 106.50 handle and some pullback was seen towards the end of the trading session. The USDJPY maintains its bullish momentum and is trading above its 100day SMA of 105.82 in the European trading session. The near term bias is Neutral to Bullish with targets of 107.25

RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a BUY; STOCH (9, 6) is Neutral; STOCHRSI (14), CCI (14) are Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 106.17 while Resistance is at 106.51 and 106.68

20th July 2016 – 09:53AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 21st July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsofc7ne5e.png

EURUSD was mild bullish yesterday and today it is continuing in the same uptrend. A bullish breakout above 1.1100 is expected in the US trading session. EURUSD is trading just below its 100 day SMA of 1.1047 and the near term bias is Neutral to Bullish with targets of 1.1080 to 1.1100

STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; RSI (14) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 1.1009 while Resistance is at 1.1041 and 1.1057

21st July 2016 – 08:42AM (UTC)

GBPUSD
GBPUSD_zpso0syqxt3.png

GBPUSD was bullish yesterday and today it continues its bullish trend crossing 1.3250 today. Now the pair has started to decline and inverted head and shoulders pattern is seen. A short term Bullish correction above 1.3400 is expected before the weekly closing. GBPUSD is trading below its 100day SMA of 1.3209 in the European trading session. The near term bias is Neutral to Bullish with targets of 1.3250 to 1.3300

STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a BUY; RSI (14) is Neutral; while Average True Range (14) indicates High Volatility.

Support is at 1.3119 while Resistance is at 1.3274 and 1.3283

21st July 2016 – 08:55AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 21st July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zps0ardijwj.png

AUDUSD was indecisive yesterday as it touched a high of 0.7516 and a low of 0.7462 towards the end of the trading session. The AUDUSD has started to move in an uptrend today crossing 0.7480 levels in the European trading session. The pair is trading below its 100 day SMA of 0.7540 and bullish correction is expected in the US trading session. The near term bias is Bullish with targets of 0.7550

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 0.7472 while Resistance is at 0.75040 and 0.7515

21st July 2016 – 09:00AM (UTC)

USDJPY
USDJPY_zps0evika3t.png

USDJPY was bullish yesterday as it crossed the 107 handle and today it managed to touch a high of 107.48 after which it has started to decline and is now trading at 106 levels. The USDJPY has now come into a Neutral state with some consolidation seen in the US trading session. The near term bias is Neutral with consolidation towards 106.50

STOCH (9, 6), MACD (12, 26) is Neutral; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates High Volatility.

Support is at 105.84 while Resistance is at 106.67 and 107.29

21st July 2016 – 09:08AM (UTC)


For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 22nd July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsj0njn7q0.png

EURUSD was indecisive yesterday as it touched a high of 1.1057 and a low of 1.0979 towards the end of the trading session. EURUSD is trading just below its 100 day SMA of 1.1032 and short term upwards correction is expected in the US trading session. The near term bias is Neutral to Bullish with targets of 1.1050 to 1.1070

RSI (14), STOCH (9, 6), CCI (14), are Neutral; MACD (12, 26), ADX (14), ROC indicate a BUY; while Average True Range (14) indicates Less Volatility.

Support is at 1.0979 while Resistance is at 1.1031 and 1.1045

22nd July 2016 – 07:35AM (UTC)

GBPUSD
GBPUSD_zpszfpzzdps.png

GBPUSD was indecisive yesterday as it touched a high of 1.3267 and a low of 1.3163 and is today trading in a bullish overtone above 1.3240 levels. Intraday Bullish correction is possible with the pair testing 1.3300 in the US trading session. GBPUSD is trading above its 100day SMA of 1.3196 in the European trading session. The near term bias is Neutral to Bullish with targets of 1.3300

RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.3205 while Resistance is at 1.3274 and 1.3286

22nd July 2016 – 08:01AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 22nd July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsmlcbf5ka.png

AUDUSD was mild bullish yesterday as it touched a high of 0.7510 and tried to consolidate in the range of 0.7480 to 0.7500 towards the end of the trading session. The AUDUSD is slightly bearish today and is trading below 0.7480 levels. The pair is trading below its 100 day SMA of 0.7511 in the European trading session. The near term bias is Bearish with targets of 0.7450 to 0.7425

RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a SELL; STOCHRSI (14) is Oversold; ADX (14) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 0.7469 while Resistance is at 0.7491 and 0.7502

22nd July 2016 – 08:20AM (UTC)

USDJPY
USDJPY_zpsyywrkcve.png

USDJPY was bearish yesterday as it dropped below 105 to touch an intraday low of 105.41 and tried to consolidate towards 106 at the end of the trading session. The USDJPY has now come into a Neutral state with some bullish correction expected in the US trading session. The near term bias is Neutral to Bullish with targets of 106.50

STOCH (9, 6), CCI (14), Ultimate Oscillator, ROC indicate a BUY; RSI (14), ADX (14) are Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 105.54 while Resistance is at 106.53 and 107.49

22nd July 2016 – 08:28AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 25th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsfxl3twvr.png

EURUSD closed last week below 1.0950 handle and today it opened lower and is now trading in a consolidation phase towards the 1.1000 levels. EURUSD is trading below its 100 day SMA of 1.1009 and downside moves are expected in the US trading session. The near term bias is Neutral to Bearish with targets of 1.0950 to 1.0910

RSI (14) is Neutral; MACD (12, 26), MA100 indicate a SELL; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.0967 while Resistance is at 1.1002 and 1.1015

25th July 2016 – 10:50AM (UTC)

GBPUSD
GBPUSD_zpspre31wzd.png

GBPUSD closed last week below 1.3100 handle and today it is trading in a zigzag pattern as bearish pressure continues to dominate the currency in the near term. Cable is trading in a neutral zone now with some bearish correction expected in the US trading session. GBPUSD is trading below its 100day SMA of 1.3162 in the European trading session. The near term bias is Neutral to Bearish with targets of 1.3050

STOCHRSI (14), MACD (12, 26), Ultimate Oscillator, MA100 indicate a SELL; RSI (14), STOCH (9, 6) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 1.3119 while Resistance is at 1.3164 and 1.3205

25th July 2016 – 10:58AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 25th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsxntrxh6o.png

AUDUSD closed lower last week below 0.7450 handle and today it is trading in a slight bullish overtone at 0.7480 levels. The AUDUSD is staging a slow recovery towards 0.7500 while the downside risks remain. The pair is trading just near its 100 day SMA of 0.7485 in the European trading session. The near term bias is Bullish with targets of 0.7530

RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; ADX (14) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 0.7442 while Resistance is at 0.7492 and 0.7500

25th July 2016 – 11:04AM (UTC)

USDJPY
USDJPY_zpsrcrishan.png

USDJPY was bullish last week and closed above the 106 handle. Today the pair is trading in a zigzag pattern holding above the 106.20 levels. The USDJPY has now come into a Neutral state with some bearish correction expected in the US trading session. The near term bias is Neutral towards 106 levels.

RSI (14), CCI (14) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 105.93 while Resistance is at 106.48 and 106.53

25th July 2016 – 11:10AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 26th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zps3bzfx6rm.png

EURUSD had a modest recovery yesterday as it closed above 1.0980 levels. Today the pair is trading in a minor uptrend though overall outlook remains bearish towards 1.0900 handle. EURUSD is trading above its 100 day SMA of 1.1002 and upside moves are expected in the US trading session. The near term bias is Bullish with targets of 1.1050 to 1.1080

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.0967 while Resistance is at 1.1016 and 1.1024

26th July 2016 – 09:46AM (UTC)

GBPUSD
GBPUSD_zpsabssnsom.png

GBPUSD was indecisive yesterday as it touched a high of 1.3163 and a low of 1.3094 towards the end of the trading session. Cable is trading in a zigzag pattern today as the overall bias remains on the downside. GBPUSD is trading below its 100day SMA of 1.3161 in the European trading session. The near term bias is Neutral to Bearish with targets of 1.3050

RSI (14), STOCH (9, 6), Ultimate Oscillator are Neutral; MACD (12, 26), ROC, MA100 indicate a SELL; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 1.3064 while Resistance is at 1.3131 and 1.3164

26th July 2016 – 10:00AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 26th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSD_zpsum9nrjdf.png

AUDUSD was indecisive yesterday as it touched a high of 0.7491 and a low of 0.7455 towards the end of the trading session. The AUDUSD made a strong recovery crossing 0.7500 handle in the European trading session. The pair is trading above its 100 day SMA of 0.7481 and flat moves are expected in the US trading session. The near term bias is Bullish with targets of 0.7550

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 0.7491 while Resistance is at 0.7538 and 0.7548

26th July 2016 – 10:07AM (UTC)

USDJPY
USDJPY_zpslk6rvuy3.png

USDJPY was mild bearish yesterday as it closed below 106 handle. Today the Dollar-Yen had a strong bearish momentum as it came down below 104.50 in the European trading session.  The USDJPY is trading below its 100day SMA of 106.10 and further downside moves are expected in the US trading session. The near term bias is Bearish with targets of 104 to 103.50

MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a SELL; RSI (14), STOCH (9, 6) is Oversold; while Average True Range (14) indicates High Volatility.

Support is at 103.99 while Resistance is at 104.98 and 105.54

26th July 2016 – 10:15AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 27th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSD_zpsuoiuwoug.png

EURUSD was indecisive yesterday as it touched a high of 1.1019 and a low of 1.0978 towards the end of the trading session. Euro is unable to hold onto its bullish moves and is trading just above its 100 day SMA of 1.0997 in the European trading session. The near term bias is Bullish with targets of 1.1050 to 1.1080

RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.0981 while Resistance is at 1.1015 and 1.1024

27th July 2016 – 10:16AM (UTC)

GBPUSD
GBPUSD_zps1oolgz70.png

GBPUSD was indecisive yesterday as it touched a low of 1.3057 and a high of 1.3174 towards the end of the trading session. Cable is trading in a mild bearish tone today and the overall bias remains on the downside. GBPUSD is trading below its 100day SMA of 1.3145 in the European trading session. The near term bias is Bearish with targets of 1.3050 to 1.3010

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC, MA100 indicate a SELL; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.3056 while Resistance is at 1.3119 and 1.3128

27th July 2016 – 10:22AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...