Daily Technical Analysis by FxGrow

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.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
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.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
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.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
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.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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

AUDUSD
AUDUSD_zpsc4gpnmfy.png


AUDUSD was bullish yesterday as it crossed 0.7500 handle and remained firm towards the end of the trading session. The AUDUSD had a bullish streak today crossing 0.7550 levels after which it came down to trade below 0.7500 in the European trading session. The pair is trading above its 100 day SMA of 0.7487 and downside moves are expected in the US trading session. The near term bias is Bearish with targets of 0.7400

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

Support is at 0.7472 while Resistance is at 0.7497 and 0.7504

27th July 2016 – 10:27AM (UTC)

USDJPY
USDJPY_zpsqfpdt2gw.png


USDJPY was bearish yesterday as it came down below 105 to touch intraday lows of 104.04 after which it had a mild recovery towards the end of the trading session. Today Dollar-Yen had a bullish breakout as it crossed 106 levels and touched a high of 106.53 after which it came down. The USDJPY is trading below its 100day SMA of 105.65 and is now in the Neutral state. The near term bias is Neutral

Support is at 103.99 while Resistance is at 105.82 and 105.93

27th July 2016 – 10:33AM (UTC)

For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
FxGrow Daily Technical Analysis – 28th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSDM15_zpsowm7usyd.png


EURUSD was bullish yesterday as it crossed 1.1050 handle and remained firm towards the end of the trading session. Euro is moving in a bullish tone as it touched an intraday high of 1.1119 and is now trading above its 100day SMA of 1.1003 in the European trading session. The near term bias is Bullish with targets of 1.1150

RSI (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 1.1043 while Resistance is at 1.1098 and 1.1126

28th July 2016 – 09:47AM (UTC)

GBPUSD
GBPUSDM15_zpsiglzpyzl.png


GBPUSD was bullish yesterday as it crossed 1.3200 handle and remained firm towards the end of the trading session. Cable is moving in a bullish tone as it touched an intraday high of 1.3245 and is now trading above its 100day SMA of 1.3137 in the European trading session. The near term bias is Neutral to Bearish with targets of 1.3100

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

Support is at 1.3119 while Resistance is at 1.3223 and 1.3238

28th July 2016 – 09:57AM (UTC)

For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
FxGrow Daily Technical Analysis – 28th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSDM15_zps5qyuyofn.png


AUDUSD was bullish yesterday as it crossed 0.7500 handle and remained firm towards the end of the trading session. AUDUSD is moving in a bullish tone as it touched an intraday high of 0.7549 and is now trading above its 100day SMA of 0.7489 in the European trading session. The near term bias is Neutral to Bullish with targets of 0.7550 to 0.7580

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

Support is at 0.7491 while Resistance is at 0.7549 and 0.7554

28th July 2016 – 10:21AM (UTC)

USDJPY
USDJPYM15_zpsj9srw4zz.png


USDJPY was indecisive yesterday as it touched a high of 106.53 and a low of 105.14 towards the end of the trading session. Dollar-Yen is moving in a bearish tone as it touched an intraday low of 104.47 and is now trading below its 100day SMA of 105.45 in the European trading session. The near term bias is Bearish with targets of 104.50 to 104

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

Support is at 104.47 while Resistance is at 104.99 and 105.54

28th July 2016 – 10:40AM (UTC)

For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
FxGrow Daily Technical Analysis – 29th July, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSDM15_zpsudms4722.png


EURUSD continued to trade in a narrow range yesterday above 1.1070 handle towards the end of the trading session. Euro is moving in a consolidation phase towards the 1.1100 levels. EURUSD is now trading below its 100day SMA of 1.1024 in the European trading session. The near term bias is Bullish with targets of 1.1150

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 1.1057 while Resistance is at 1.1098 and 1.1119

29th July 2016 – 08:14AM (UTC)

GBPUSD
GBPUSDM15_zpsafxucxpf.png


GBPUSD was indecisive yesterday as it touched a high of 1.3245 and a low of 1.3116 towards the end of the trading session. Cable is moving in a zigzag pattern today and the intraday bias is neutral with some bullish correction expected in the US trading session. GBPUSD is now trading above its 100day SMA of 1.3146 in the European trading session. The near term bias is Neutral to Bullish with targets of 1.3250

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

Support is at 1.3119 while Resistance is at 1.3217 and 1.3248

29th July 2016 – 08:21AM (UTC)

For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
FxGrow Daily Technical Analysis – 29th July, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSDM15_zpsyeae6yam.png


AUDUSD was indecisive yesterday as it touched a high of 0.7547 and a low of 0.7493 towards the end of the trading session. AUDUSD is moving in a mild bearish tone after touching an intraday high of 0.7548 and is now trading below its 100day SMA of 0.7500 in the European trading session. The near term bias is Neutral to Bearish with targets of 0.7450 to 0.7400

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

Support is at 0.7493 while Resistance is at 0.7511 and 0.7545

29th July 2016 – 08:30AM (UTC)

USDJPY
USDJPYM15_zpsgjz1mlfu.png


USDJPY traded in a narrow range yesterday as it remained above its support levels of 104.50 towards the end of the trading session. Dollar-Yen is moving in a strong bearish tone as it touched an intraday low of 102.96 and is now trading below its 100day SMA of 105.08 in the European trading session. The near term bias is Bearish with targets of 103

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

Support is at 103.39 while Resistance is at 104.32 and 105.54

29th July 2016 – 08:38AM (UTC)

For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
FxGrow Daily Technical Analysis – 01st Aug, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSDM15_zpslzui5zn4.png


EURUSD was bullish last week as it touched a top of 1.1197 and remained firm towards the end of the trading session. Euro is maintaining its uptrend today and is trading above its 100day SMA of 1.1069 in the European trading session. The near term bias is Neutral to Bullish with targets of 1.1200

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

Support is at 1.1119 while Resistance is at 1.1180 and 1.1197

01st Aug 2016 – 10:08AM (UTC)

GBPUSD
GBPUSDM15_zpsz5w68rfq.png


GBPUSD was bullish last week as it touched a top of 1.3300 towards the end of the trading session. Cable is moving in a bearish tone today after touching an intraday high of 1.3269 and is now trading just below its 100day SMA of 1.3172 in the European trading session. The near term bias is Bearish with targets of 1.3100

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

Support is at 1.3164 while Resistance is at 1.3291 and 1.3330

01st Aug 2016 – 10:25AM (UTC)

For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...alysis-fxgrow-free-forex-analysis-tools#close

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.
 
Back
Top