Daily Technical Analysis by FxGrow

[FxGrow Support]

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

EURUSD

EURUSD was bullish yesterday as it touched a high of 1.1315 but came down to touch a low of 1.1277 towards the end of the trading session. Euro is moving in a bullish tone today and is now trading above its 100day SMA of 1.1233 in the European trading session. The near term bias is Bullish with targets of 1.1400

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

Support is at 1.1240 while Resistance is at 1.1326 and 1.1331

18th Aug 2016 – 11:12AM (UTC)

GBPUSD

GBPUSD was bullish yesterday as it crossed the 1.3050 handle to touch a high of 1.3084 and remained firm towards the end of the trading session. Cable is moving in a bullish tone today as it touched an intraday high of 1.3171 and is now trading above its 100day SMA of 1.2977 in the European trading session. The near term bias is Bullish with targets of 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 High Volatility.

Support is at 1.3126 while Resistance is at 1.3177 and 1.3186

18th Aug 2016 – 11:19AM (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 Support]

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

AUDUSD

AUDUSD was indecisive yesterday as it touched a high of 0.7703 and a low of 0.7612 towards the end of the trading session. AUDUSD is moving in a bullish tone today as it touched an intraday high of 0.7722 and is now trading above its 100day SMA of 0.7675 in the European trading session. The near term bias is Bullish with targets of 0.7750

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

Support is at 0.7676 while Resistance is at 0.7699 and 0.7723

18th Aug 2016 – 11:25AM (UTC)

USDJPY

USDJPY was indecisive yesterday as it touched a high of 101.16 and a low of 100.08 towards the end of the trading session. Dollar-Yen is moving in a mild bullish tone today and is now trading below its 100day SMA of 100.71 in the European trading session. The near term bias is Neutral to Bullish with targets of 100.75

STOCH (9.6), ADX (14), CCI (14), ROC indicate a BUY; RSI (14), Ultimate Oscillator is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 99.64 while Resistance is at 100.68 and 100.83

18th Aug 2016 – 11:30AM (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 Support]

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

XAUUSD[Gold]

XAUUSD was mild bullish yesterday as it touched a high of 1350.45 towards the end of the trading session. Gold is moving in a bullish tone as it touched an intraday high of 1355.94 and is now trading just above its 100day SMA of 1349.85 in the European trading session. The near term bias is Neutral to Bullish with targets of 1365

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

Support is at 1338.36 while Resistance is at 1356.15 and 1358.45

18th Aug 2016 – 11:42AM (UTC)

XAGUSD[Silver]

XAGUSD was indecisive yesterday as it touched a high of 19.88 and a low of 19.53 towards the end of the trading session. Silver is moving in a bullish tone as it touched an intraday high of 19.93 and is now trading below its 100day SMA of 19.83 in the European trading session. The near term bias is Neutral to Bullish with targets of 20.00

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

Support is at 19.49 while Resistance is at 19.86 and 19.88

18th Aug 2016 – 11:55AM (UTC)

USOil.cfd

US Oil was bullish yesterday as it touched a high of 46.93 and remained firm towards the end of the trading session. US Oil is moving in a bullish tone as it touched an intraday high of 47.15 and is now trading above its 100day SMA of 45.64 in the European trading session. The near term bias is Bullish with targets of 47.55

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 46.07 while Resistance is at 47.15 and 47.32

18th Aug 2016 – 12:00AM (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 Support]

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

EURUSD

EURUSD was bullish yesterday as it touched a high of 1.1365 and remained firm towards the end of the trading session. Euro is moving in a bullish tone and is now trading above its 100day SMA of 1.1138 in the Asian trading session. The near term bias is Bullish with targets of 1.1425

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

Support is at 1.1240 while Resistance is at 1.1358 and 1.1366

19th Aug 2016 – 05:34AM (UTC)

GBPUSD

GBPUSD was bullish yesterday as it crossed the 1.3150 handle to touch a high of 1.3171 and remained firm towards the end of the trading session. Cable is moving in a bullish tone today as it touched an intraday high of 1.3185 and is now trading above its 100day SMA of 1.3099 in the Asian trading session. The near term bias is Bullish with targets of 1.3225

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

Support is at 1.3094 while Resistance is at 1.3173 and 1.3230

19th Aug 2016 – 05:40AM (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 Support]

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

AUDUSD

AUDUSD was indecisive yesterday as it touched a low of 0.7648 and a high of 0.7722 towards the end of the trading session. AUDUSD is moving in a bearish tone today and is now trading above its 100day SMA of 0.7607 in the Asian trading session. The near term bias is Bearish with targets of 0.7600

RSI (14), 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 High Volatility.

Support is at 0.7545 while Resistance is at 0.7675 and 0.7680

19th Aug 2016 – 05:50AM (UTC)

USDJPY

USDJPY was indecisive yesterday as it touched a low of 99.65 and a high of 100.45 towards the end of the trading session. Dollar-Yen is moving in a bearish tone and is now trading below its 100day SMA of 102.36 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 99.75

RSI (14), STOCH (9.6), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; CCI (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.

Support is at 99.53 while Resistance is at 100.68 and 102.65

19th Aug 2016 – 05:58AM (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 Support]

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

XAUUSD[Gold]

XAUUSD was indecisive yesterday as it touched a high of 1356.11 and a low of 1346.39 towards the end of the trading session. Gold is moving in a consolidation phase and is now trading just above its 100day SMA of 1347.78 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 1360

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

Support is at 1333.36 while Resistance is at 1356.35 and 1360.70

19th Aug 2016 – 06:05AM (UTC)

XAGUSD[Silver]

XAGUSD was indecisive yesterday as it touched a high of 19.92 and a low of 19.62 towards the end of the trading session. Silver is moving in a mild bearish tone and is now trading below its 100day SMA of 20.01 in the Asian trading session. The near term bias is Bearish with targets of 19.40

RSI (14), MACD (12, 26), 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 19.37 while Resistance is at 20.48 and 20.67

19th Aug 2016 – 06:10AM (UTC)

USOil.cfd

US Oil was bullish yesterday as it crossed the 48.00 handle and remained firm towards the end of the trading session. US Oil is moving in a bullish momentum and is now trading above its 100day SMA of 46.39 in the Asian trading session. The near term bias is Bullish with targets of 49.25

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

Support is at 48.40 while Resistance is at 48.72 and 48.80

19th Aug 2016 – 06:15AM (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 Support]

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

EURUSD

EURUSD was bullish last week as it touched a high of 1.1366 but could not sustain to its bullish momentum and came down towards the closing session. Euro is moving in a bearish tone and is now trading above its 100day SMA of 1.1157 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1.1225

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

Support is at 1.1233 while Resistance is at 1.1358 and 1.1366

22nd Aug 2016 – 05:37AM (UTC)

GBPUSD

GBPUSD was bullish last week as it touched a high of 1.3171 but could not sustain to its bullish momentum and came down towards the closing session. Cable is moving in a mild bearish tone today and is now trading below its 100day SMA of 1.3096 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1.2950

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

Support is at 1.2865 while Resistance is at 1.3056 and 1.3071

22nd Aug 2016 – 05:45AM (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 Support]

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

AUDUSD

AUDUSD was indecisive last week as it touched a high of 0.7738 and a low of 0.7602 towards the closing session. Aussie is moving in a mild bearish tone today and is now trading below its 100day SMA of 0.7615 in the Asian trading session. The near term bias is Bearish with targets of 0.7550

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

Support is at 0.7504 while Resistance is at 0.7676 and 0.7722

22nd Aug 2016 – 05:51AM (UTC)

USDJPY

USDJPY was bearish last week as it touched a low of 99.59 and remained weak towards the closing session. Dollar-Yen is moving in a bullish tone and is now trading below its 100day SMA of 102.02 in the Asian trading session. The near term bias is Bullish with targets of 101.35

RSI (14), STOCH (9.6), ADX (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14), CCI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 99.98 while Resistance is at 102.65 and 103.39

22nd Aug 2016 – 05:57AM (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 Support]

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

XAUUSD[Gold]

XAUUSD was indecisive last week as it touched a high of 1356.11 and a low of 1337.87 towards the closing session. Gold is moving in a mild bearish tone and is now trading below its 100day SMA of 1348.97 in the Asian trading session. The near term bias is Bearish with targets of 1325

RSI (14), STOCH (9, 6), MACD (12, 26), 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 1320.30 while Resistance is at 1341.75 and 1345.20

22nd Aug 2016 – 06:06AM (UTC)

XAGUSD[Silver]

XAGUSD was bearish last week as it touched a low of 19.26 and remained weak towards the closing session. Silver is moving in a mild bearish tone and is now trading below its 100day SMA of 19.98 in the Asian trading session. The near term bias is Bearish with targets of 18.60

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

Support is at 18.71 while Resistance is at 19.37 and 19.49

22nd Aug 2016 – 06:17AM (UTC)

USOil.cfd

US Oil was bullish last week as it touched a high of 48.71 and remained firm towards the closing session. US Oil is moving in a bullish tone as it touched an intraday high of 48.92 and is now trading above its 100day SMA of 43.31 in the Asian trading session. The near term bias is Bullish with targets of 49.00

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

Support is at 46.71 while Resistance is at 48.73 and 48.97

22nd Aug 2016 – 06:25AM (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.

 

[FxGrow Support]

FxGrow Daily Technical Analysis – 23rd Aug, 2016
By FxGrow Research & Analysis Team

EURUSD

EURUSD was bullish yesterday as it touched a high of 1.1330 and remained strong towards the end of the trading session. Euro is moving in a bullish tone and is now trading above its 100day SMA of 1.1174 in the Asian trading session. The near term bias is Bullish with targets of 1.1380

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

Support is at 1.1242 while Resistance is at 1.1358 and 1.1366

23rd Aug 2016 – 06:09AM (UTC)

GBPUSD

GBPUSD was bullish yesterday as it touched a high of 1.3157 and remained firm towards the end of the trading session. Cable is moving in a mild bullish tone today and is now trading above its 100day SMA of 1.3093 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 1.3225

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

Support is at 1.3064 while Resistance is at 1.3184 and 1.3291

23rd Aug 2016 – 06:17AM (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.