Daily Technical Analysis by FxGrow - page 2

 

Daily Technical Analysis – 03rd July, 2015

By FxGrow Research & Analysis Team

EURUSD

EURUSD remained indecisive yesterday with a mild recovery on the upper side. Now the pair is trading just above its 20day moving average of 1.1087 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.1150

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

Support is at 1.1048 while Resistance is at 1.1119

03rd July 2015 – 04:00hrs GMT

GBPUSD

GBPUSD remained indecisive yesterday as it touched a low of 1.5560 and a high of 1.5638. Now the pair is trading just above its 20day moving average of 1.5608 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.5660

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

Support is at 1.5560 while Resistance is at 1.5624

03rd July 2015 – 04:08hrs 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.

 

Daily Technical Analysis – 03rd July, 2015

By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was lower yesterday and touched a low of 0.7588 but then it corrected upwards towards the end of the trading session. Now the pair is trading below its 20day moving average of 0.7618 in the Asian trading session. The near term bias remains Neutral to Bearish with targets of 0.7510

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

Support is at 0.7572 while Resistance is at 0.7616

03rd July 2015 – 04:14hrs GMT

USDJPY

USDJPY moved upwards hitting a top of 123.70 but then it corrected lower towards the end of the trading session. Now it is trading below its 20day moving average of 123.13 in the Asian trading session. The near term bias remains Neutral to Bearish.

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

Support is at 122.80 while Resistance is at 123.70

03rd July 2015 – 04:20hrs 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.

 

Daily Technical Analysis – 06th July, 2015

By FxGrow Research & Analysis Team

EURUSD

EURUSD opened the week lower touching a low of 1.0968 in the early Asian trading session. Now the pair is trading just below its 20day moving average of 1.1065 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.0950

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

Support is at 1.1031 while Resistance is at 1.1117

06th July 2015 – 05:46hrs GMT

GBPUSD

GBPUSD opened the week lower touching a low of 1.5538 in the early Asian trading session. Now the pair is trading just above its 20day moving average of 1.5580 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.5500

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

Support is at 1.5552 while Resistance is at 1.5624

06th July 2015 – 06:01hrs 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.

 

Daily Technical Analysis – 06th July, 2015

By FxGrow Research & Analysis Team

AUDUSD

AUDUSD opened the week lower but then consolidated upwards in the early Asian trading session. Now the pair is trading below its 20day moving average of 0.7505 in the European trading session. The near term bias remains Bearish with targets of 0.7400

RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), ROC, MA100, MA200 indicate a SELL; while Average True Range (14) indicates High Volatility.

Support is at 0.7460 while Resistance is at 0.7598

06th July 2015 – 06:09hrs GMT

USDJPY

USDJPY opened the week lower touching a low of 121.85 in the early Asian trading session. Now it is trading below its 20day moving average of 122.60 in the European trading session. The near term bias remains Bullish with targets of 123.00

RSI (14) is Neutral; STOCH(9,6), Williams %R, Ultimate Oscillator indicate a BUY; while Average True Range (14) indicates High Volatility.

Support is at 121.81 while Resistance is at 122.84

06th July2015 – 06:13hrs 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.

 

Daily Technical Analysis – 07th July, 2015

By FxGrow Research & Analysis Team

EURUSD

EURUSD was slightly up yesterday and touched a high of 1.1093 and remained indecisive towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.1047 in the European trading session. The near term bias remains Bearish with targets of 1.0950

RSI (14), STOCH (9, 6), 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 1.1076

07th July 2015 – 07:01hrs GMT

GBPUSD

GBPUSD was moderately bullish yesterday and touched a high of 1.5627 but then it consolidated lower towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5594 in the European trading session. The near term bias remains Bearish with targets of 1.5500

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

Support is at 1.5531 while Resistance is at 1.5602

07th July 2015 – 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.

 

Daily Technical Analysis – 07th July, 2015

By FxGrow Research & Analysis Team

AUDUSD

AUDUSD remained indecisive yesterday as it touched a low of 0.7462 and a high of 0.7528 yesterday. Now the pair is trading below its 20day moving average of 0.7495 in the European trading session. The near term bias remains Bearish with targets of 0.7400

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

Support is at 0.7462 while Resistance is at 0.7532

07th July 2015 – 07:09hrs GMT

USDJPY

USDJPY had a bullish momentum yesterday and touched a high of 122.91 and remained firm towards the end of the trading session. Now it is trading just above its 20day moving average of 122.62 in the European trading session. The near term bias remains Bullish with targets of 123.50

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

Support is at 122.45 while Resistance is at 122.93

07th July2015 – 07:13hrs 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.

 

Daily Technical Analysis – 08th July, 2015

By FxGrow Research & Analysis Team

EURUSD

EURUSD was lower yesterday and touched a low of 1.0915 but then it bounced upwards towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.0981 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.0950

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

Support is at 1.0916 while Resistance is at 1.1065

08th July 2015 – 06:22hrs GMT

GBPUSD

GBPUSD was bearish yesterday and touched a low of 1.5416 remaining weak towards the end of the trading session. Now the pair is trading just near its 20day moving average of 1.5445 in the European trading session. The near term bias remains Bearish with targets of 1.5400

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

Support is at 1.5413 while Resistance is at 1.5588

08th July 2015 – 06:27hrs 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.

 

Daily Technical Analysis – 08th July, 2015

By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was strongly bearish yesterday and touched a low of 0.7396 but then it corrected upwards towards the end of the trading session. Now the pair is trading below its 20day moving average of 0.7428 in the European trading session. The near term bias remains Bearish with targets of 0.7350

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

Support is at 0.7384 while Resistance is at 0.7432

08th July 2015 – 06:30hrs GMT

USDJPY

USDJPY was weaker yesterday but remained indecisive towards the end of the trading session. Now it is trading below its 20day moving average of 122.30 in the European trading session. The near term bias remains Bearish with targets of 121.50

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

Support is at 121.85 while Resistance is at 122.45

08th July2015 – 06:34hrs 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.

 

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.

 

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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