Daily Technical Analysis by FxGrow

[FxGrow Support]

Daily Technical Analysis – 18th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD had a strong bullish trend yesterday and crossed the 1.1350 level. Now it is trading just above its 20day moving average of 1.1319 and touched a high of 1.1371 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.1400

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

Support is at 1.1269 while Resistance is at 1.1374

18th June 2015 – 06:48hrs GMT


GBPUSD

GBPUSD continued its Bullish trend and crossed 1.5800 yesterday. Now the pair is trading above its 20day moving average of 1.5796 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5860

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

Support is at 1.5700 while Resistance is at 1.5850

18th June 2015 – 06:55hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 18th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD had a Bullish trend yesterday and crossed the 0.7750 level. Now the pair is trading above its 20day moving average of 0.7735 in the European trading session. The near term bias remains Neutral to Bullish with targets of 0.7800

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

Support is at 0.7721 while Resistance is at 0.7760

18th June 2015 – 06:59hrs GMT


USDJPY

USDJPY had a bearish trend yesterday and touched a low of 123.20 in the US trading session. Now it is trading below its 20day moving average of 123.58 in the European trading session. The near term bias remains Bearish with targets of 122.50

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

Support is at 122.85 while Resistance is at 124.43

18th 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 – 19th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was higher yesterday and touched a high of 1.1435 but came down towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.1376 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1280

RSI (14), STOCH (9, 6), 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 1.1329 while Resistance is at 1.1391

19th June 2015 – 06:41hrs GMT


GBPUSD

GBPUSD has a Bullish trend yesterday and touched a high of 1.5929 but then it came down towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5883 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.5800

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

Support is at 1.5814 while Resistance is at 1.5929

19th June 2015 – 06:49hrs 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 – 19th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD had a Bullish trend yesterday and touched a high of 0.7846 but came down towards the end of the trading session. Now the pair is trading below its 20day moving average of 0.7802 in the European trading session. The near term bias remains Neutral to Bearish with targets of 0.7700

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 0.7725 while Resistance is at 0.7818

19th June 2015 – 06:59hrs GMT


USDJPY

USDJPY had a bearish trend yesterday and touched a low of 122.45 but closed higher towards the end of the trading session. Now it is trading above its 20day moving average of 122.95 in the European trading session. The near term bias remains Neutral to Bullish with targets of 123.50

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

Support is at 122.47 while Resistance is at 123.29

19th June 2015 – 07:03hrs 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 – 22nd June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was bullish last week and touched a high of 1.1435 and remained strong at the end of the week. Now the pair is trading above its 20day moving average of 1.1359 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.1450

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 1.1344 while Resistance is at 1.1421

22nd June 2015 – 06:54hrs GMT

GBPUSD

GBPUSD has a Bullish trend last week and touched a high of 1.5929 remaining firm towards the end of the week. Now the pair is trading above its 20day moving average of 1.5881 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5950

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 1.5834 while Resistance is at 1.5918

22nd June 2015 – 07:02hrs 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 – 22nd June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was lower last week touching a low of 0.7658 but corrected upwards towards the end of the week. Now the pair is trading above its 20day moving average of 0.7771 in the European trading session. The near term bias remains Neutral to Bullish with targets of 0.7850

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 0.7739 while Resistance is at 0.7802

22nd June 2015 – 07:19hrs GMT


USDJPY

USDJPY was lower last week and touched a low of 122.54 and remained lower towards the end of the week. Now it is trading above its 20day moving average of 122.76 in the European trading session. The near term bias remains Neutral to Bullish with targets of 123.40

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

Support is at 122.55 while Resistance is at 123.20

22nd June 2015 – 07:25hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 23rd June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD went higher yesterday and crosses 1.1400 but then it came down and remained weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.1329 in the European trading session. The near term bias remains Bearish with targets of 1.1200 to 1.1180

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 1.1271 while Resistance is at 1.1307

23rd June 2015 – 06:53hrs GMT


GBPUSD

GBPUSD was lower yesterday and remained weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5810 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.5750

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

Support is at 1.5763 while Resistance is at 1.5834

23rd June 2015 – 07:45hrs 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.

 

[FxGrow Support]

Daily Technical Analysis – 23rd June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was lower yesterday and remained weak towards the end of the trading session. Now the pair is trading just near its 20day moving average of 0.7730 in the European trading session. The near term bias remains Neutral to Bearish with targets of 0.7680

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

Support is at 0.7712 while Resistance is at 0.7760

23rd June 2015 – 07:51hrs GMT


USDJPY

USDJPY was lower yesterday and bottomed at 122.55 but then corrected upwards at the end of the trading session. Now it is trading above its 20day moving average of 122.44 in the European trading session. The near term bias remains Neutral to Bullish with targets of 124.10

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

Support is at 123.32 while Resistance is at 123.75

23rd June 2015 – 07:56hrs 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 – 24th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD went lower yesterday and touched a low of 1.1134 remaining weak towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.1176 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.1250

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 1.1134 while Resistance is at 1.1288

24th June 2015 – 07:25hrs GMT


GBPUSD

GBPUSD was lower yesterday touching a low of 1.5708 remaining weak towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5740 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5840

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

Support is at 1.5707 while Resistance is at 1.5834

24th June 2015 – 07:31hrs 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 – 24th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was lower yesterday and touched a low of 0.7678 but then it corrected upwards towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7729 in the European trading session. The near term bias remains Neutral.

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

Support is at 0.7678 while Resistance is at 0.7757

24th June 2015 – 07:52hrs GMT


USDJPY

USDJPY was higher yesterday and peaked at 124.17 but then it corrected lower towards the end of the trading session. Now it is trading above its 20day moving average of 123.93 in the European trading session. The near term bias remains Neutral to Bullish with targets of 124.50

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

Support is at 123.85 while Resistance is at 124.18

24th June 2015 – 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.