Daily Technical Analysis by FxGrow

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Daily Technical Analysis – 09th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD had a bullish trend yesterday and touched a high of 1.1091 and remained firm towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.1067 in the European trading session. The near term bias remains Bullish with targets of 1.1160

RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC, MA100, MA200 indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.1065 while Resistance is at 1.1131

09th July 2015 – 06:25hrs GMT


GBPUSD

GBPUSD had a bearish momentum yesterday and touched a low of 1.5329 but then it corrected upwards towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5367 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5450

STOCH (9, 6) is Neutral; RSI (14), ADX (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.
Support is at 1.5351 while Resistance is at 1.5450

09th July 2015 – 06:30hrs 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.

 

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Daily Technical Analysis – 09th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD remained indecisive yesterday as it touched a low of 0.7370 and a high of 0.7448 towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7439 in the European trading session. The near term bias remains Bullish with targets of 0.7500

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

Support is at 0.7371 while Resistance is at 0.7516

09th July 2015 – 06:37hrs GMT


USDJPY

USDJPY was strongly bearish yesterday as it touched a low of 120.40 and remained weak towards the end of the trading session. Now it is trading above its 20day moving average of 120.97 in the European trading session. The near term bias remains Neutral to Bullish with targets of 122.00

RSI (14) is Neutral; STOCH (9, 6), 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 120.41 while Resistance is at 121.94

09th July2015 – 06:42hrs 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.

 

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Daily Technical Analysis – 10th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was indecisive yesterday as it touched a low of 1.0990 and then moved upwards at the end of the trading session. Now the pair is trading above its 20day moving average of 1.1114 in the European trading session. The near term bias remains Bullish with targets of 1.1160 to 1.1180

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC, MA100, MA200 indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.1061 while Resistance is at 1.1172

10th July 2015 – 06:52hrs GMT


GBPUSD

GBPUSD was indecisive yesterday as it touched a high of 1.5418 and a low of 1.5342 towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5383 in the European trading session. The near term bias remains Bullish with targets of 1.5450

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

Support is at 1.5343 while Resistance is at 1.5420

10th July 2015 – 06:57hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 10th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was mildly bullish yesterday as it touched a high of 0.7490 but then it came down towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7458 in the European trading session. The near term bias remains Bullish with targets of 0.7500

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

Support is at 0.7449 while Resistance is at 0.7495

10th July 2015 – 07:01hrs GMT


USDJPY

USDJPY was bullish yesterday and maintained its up tone towards the end of the trading session. Now it is trading below its 20day moving average of 121.88 in the European trading session. The near term bias remains Bullish with targets of 122.50

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

Support is at 120.50 while Resistance is at 121.97

10th July2015 – 07:05hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 13th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was bullish last week without any major movements and opened the week lower at 1.1096 today. Now the pair is trading below its 20day moving average of 1.1144 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1050

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

Support is at 1.1065 while Resistance is at 1.1151

13th July 2015 – 07:51hrs GMT


GBPUSD

GBPUSD closed last week higher and opened the week slightly up at 1.5518 today. Now the pair is trading above its 20day moving average of 1.5509 in the European trading session. The near term bias remains Bullish with targets of 1.5600

RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC, MA100, MA200 indicate a BUY; CCI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.5420 while Resistance is at 1.5616

13th July 2015 – 07:38hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 13th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was lower last week and opened the week lower at 0.7412 today. Now the pair is trading below its 20day moving average of 0.7435 in the European trading session. The near term bias remains Neutral to Bearish with targets of 0.7350

RSI (14), STOCH (9, 6) are Neutral; STOCHRSI (14), MACD (12, 26), Ultimate Oscillator, MA100, MA200 indicate a SELL; while Average True Range (14) indicates Less Volatility.

Support is at 0.7409 while Resistance is at 0.7462

13th July 2015 – 07:46hrs GMT


USDJPY

USDJPY was bullish last week and opened the week lower at 122.17 today. Now it is trading above its 20day moving average of 122.70 in the European trading session. The near term bias remains Bullish with targets of 124.00

RSI (14), STOCHRSI (14), CCI (14), Ultimate Oscillator are Overbought; ADX (14), MACD (12, 26), ROC, MA100, MA200 indicate a BUY; while Average True Range (14) indicates High Volatility.

Support is at 122.45 while Resistance is at 123.31

13th July2015 – 07:59hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 14th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was bearish yesterday and came down below 1.1000 remaining weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.1006 in the European trading session. The near term bias remains Bearish with targets of 1.0900

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

Support is at 1.0969 while Resistance is at 1.1131

14th July 2015 – 07:28hrs GMT


GBPUSD

GBPUSD tried to go up yesterday as it touched a high of 1.5586 but then it came down below 1.5500 and remained weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5493 in the European trading session. The near term bias remains Bearish with targets of 1.5400

RSI (14), MACD (12, 26), ADX (14), ROC, MA200 indicate a SELL; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.5423 while Resistance is at 1.5507

14th July 2015 – 07:33hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 14th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD remained indecisive as it touched a high of 0.7460 and a low of 0.7383 yesterday. Now the pair is trading above its 20day moving average of 0.7412 in the European trading session. The near term bias remains Neutral to Bullish with targets of 0.7480

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

Support is at 0.7392 while Resistance is at 0.7449

14th July 2015 – 07:57hrs GMT


USDJPY

USDJPY was bullish yesterday as it touched a high of 123.48 and remained strong towards the end of the trading session. Now it is trading just below its 20day moving average of 123.46 in the European trading session. The near term bias remains Neutral to Bullish with targets of 123.85

STOCH (9, 6), CCI (14) are Neutral; RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC, MA100, MA200 indicate a BUY; while Average True Range (14) indicates High Volatility.

Support is at 122.45 while Resistance is at 123.64

14th July2015 – 08:02hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 15th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD remained indecisive yesterday as it touched a low of 1.0965 and a high of 1.1071 but came down towards the end of the trading session. Now the pair is trading just below its 20day moving average of 1.1009 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.0950

RSI (14), CCI (14) are Neutral; STOCH (9, 6), MACD (12, 26), ADX (14), MA100, MA200 indicate a SELL; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.0965 while Resistance is at 1.1076

15th July 2015 – 07:42hrs GMT


GBPUSD

GBPUSD was bullish yesterday as it touched a high of 1.5637 and remained strong towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5628 in the European trading session. The near term bias remains Bullish with targets of 1.5700

RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC, MA100, MA200 indicate a BUY; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.5497 while Resistance is at 1.5672

15th July 2015 – 07:48hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 15th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was bullish yesterday and remained strong towards the end of the trading session. Now the pair is trading just above its 20day moving average of 0.7456 in the European trading session. The near term bias remains Bullish with targets of 0.7500

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC, MA100, MA200 indicate a BUY; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 0.7449 while Resistance is at 0.7488

15th July 2015 – 07:58hrs GMT


USDJPY

USDJPY remained indecisive yesterday as it touched a low of 122.99 but then recovered towards the end of the trading session. Now it is trading above its 20day moving average of 123.38 in the European trading session. The near term bias remains Bullish with targets of 124.00

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC, MA100, MA200 indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 123.22 while Resistance is at 123.73

15th July2015 – 08:02hrs 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.