Daily Technical Analysis by FxGrow

[FxGrow Support]

Daily Technical Analysis – 04th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD had a strong bullish trend yesterday and touched a high of 1.1284 and is now trading below its 20day moving average of 1.1247 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.1350

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

Support is at 1.1130 while Resistance is at 1.1284

04th June 2015 – 07:02hrs GMT

GBPUSD

GBPUSD remained indecisive yesterday and is now trading just at its 20day moving average of 1.5324 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.5400

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

Support is at 1.5300 while Resistance is at 1.5374

04th June 2015 – 07:10hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 04th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD had a bullish trend yesterday and is now trading below its 20day moving average of 0.7761 in the Asian trading session. The near term bias remains Bearish with targets of 0.7650

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

Support is at 0.7707 while Resistance is at 0.7801

04th June 2015 – 07:16hrs GMT


USDJPY

USDJPY was indecisive yesterday and is now trading below its 20day moving average of 124.34 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 124.85

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

Support is at 123.86 while Resistance is at 125.45

04th June 2015 – 07:21hrs 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 – 05th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD had a strong bullish trend yesterday and touched a high of 1.1378 and is now trading above its 20day moving average of 1.1240 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.1350

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

Support is at 1.1201 while Resistance is at 1.1288

05th June 2015 – 07:05hrs GMT

GBPUSD

GBPUSD was bullish yesterday touching a high of 1.5440 and is now trading below its 20day moving average of 1.5362 in the Asian trading session. The near term bias remains Bearish with targets of 1.5250

RSI (14), ADX (14), Ultimate Oscillator, ROC, MA50 indicate a SELL; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.5303 while Resistance is at 1.5440

05th June 2015 – 07:11hrs 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 – 05th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD had a bearish trend yesterday and touched a low of 0.7663; it is now trading below its 20day moving average of 0.7690 in the Asian trading session. The near term bias remains Bearish with targets of 0.7600

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

Support is at 0.7667 while Resistance is at 0.7738

05th June 2015 – 07:18hrs GMT


USDJPY

USDJPY was indecisive yesterday and is now trading above its 20day moving average of 124.45 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 125.50

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

Support is at 124.33 while Resistance is at 124.67

05th June 2015 – 07:22hrs 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 – 08th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD came down last week touching a low of 1.1048 and is now trading above its 20day moving average of 1.1113 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.1200

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

Support is at 1.1099 while Resistance is at 1.1288

08th June 2015 – 07:02hrs GMT


GBPUSD

GBPUSD came down last week touching a low of 1.5189 and is now trading above its 20day moving average of 1.5264 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.5350

RSI (14) is Neutral; ADX(14), Ultimate Oscillator, ROC, MA10 indicate a BUY; STOCHRSI(14), CCI(14) are Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.5223 while Resistance is at 1.5332

08th June 2015 – 07:06hrs 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 – 08th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD had a bearish trend last week and touched a low of 0.7598; now it is trading above its 20day moving average of 0.7622 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 0.7680

RSI (14), ADX (14) are Neutral; Ultimate Oscillator, ROC, MA10 indicate a BUY; STOCHRSI (14), CCI (14) are Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 0.7598 while Resistance is at 0.7712

08th June 2015 – 07:10hrs GMT



USDJPY

USDJPY was bullish last week and touched a high of 125.78; now it is trading below its 20day moving average of 125.12 in the Asian trading session. The near term bias remains Neutral to Bearish with targets of 124.60

RSI (14), Ultimate Oscillator, ROC, MA10 indicate a SELL; STOCH (9, 6), ADX (14) are Neutral; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 124.67 while Resistance is at 125.85

08th June 2015 – 07:15hrs 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 – 09th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD is in a strong bullish momentum and touched a high of 1.1344 in the Asian trading session today. Now it is trading above its 20day moving average of 1.1268 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.1360 to 1.1380

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

Support is at 1.1269 while Resistance is at 1.1322

09th June 2015 – 06:33hrs GMT


GBPUSD

GBPUSD is in a strong bullish momentum and touched a high of 1.5372 in the Asian trading session today. Now the pair is trading above its 20day moving average of 1.5327 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5410

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 1.5269 while Resistance is at 1.5374

09th June 2015 – 06:44hrs 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 – 09th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD had a bullish trend yesterday and touched a high of 0.7715 in the Asian trading session today. Now the pair is trading just above its 20day moving average of 0.7678 in the European trading session. The near term bias remains Neutral to Bullish with targets of 0.7700

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

Support is at 0.7625 while Resistance is at 0.7721

09th June 2015 – 06:49hrs GMT


USDJPY

USDJPY was bearish yesterday and touched a low of 124.15 in the Asian trading session today. Now it is trading below its 20day moving average of 124.72 in the European trading session. The near term bias remains Neutral to Bearish with targets of 124.00

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

Support is at 124.12 while Resistance is at 124.80

09th June 2015 – 06:54hrs 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 June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD remained indecisive yesterday but remains poised for further gains. Now it is trading above its 20day moving average of 1.1273 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.1350 to 1.1400

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

Support is at 1.1269 while Resistance is at 1.1322

10th June 2015 – 04:46hrs GMT


GBPUSD

GBPUSD maintains its Bullish trend and touched a high of 1.5415 in the Asian trading session today. Now the pair is trading above its 20day moving average of 1.5359 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.5460 to 1.5500

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

Support is at 1.5332 while Resistance is at 1.5392

10th June 2015 – 04:52hrs 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 June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD remained indecisive yesterday and has resumed its bullish trend today touching a high of 0.7693 in the Asian trading session. Now the pair is trading just above its 20day moving average of 0.7681. The near term bias remains Neutral to Bullish with targets of 0.7750

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

Support is at 0.7643 while Resistance is at 0.7712

10th June 2015 – 04:57hrs GMT


USDJPY

USDJPY remained indecisive yesterday and has now resumed its bearish trend in the Asian trading session with the pair touching a low of 122.89 today. Now it is trading below its 20day moving average of 124.26. The near term bias remains Neutral to Bearish with targets of 122.00

RSI (14), STOCHRSI (14) are Oversold; MACD (12, 26), Ultimate Oscillator, ROC, MA100, MA200 indicate a SELL; ADX(14) is Neutral; while Average True Range (14) indicates High Volatility.

Support is at 124.12 while Resistance is at 124.80

10th June 2015 – 05:01hrs 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.