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FxGrow Daily Technical Analysis – 30th Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsmunn5dpe.png
AUDUSD had mild bullish moves yesterday as it touched a high of 0.7581 towards the end of the trading session. Aussie is moving in a mild bearish tone today and is now trading below its 100day SMA of 0.7638 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 0.7500
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC, MA100 indicate a SELL; ADX (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates High Volatility.
Support is at 0.7524 while Resistance is at 0.7622 and 0.7676
30th Aug 2016 – 07:44AM (UTC)
USDJPY
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zpskisbrmbv.png
USDJPY had mild bearish moves yesterday as it touched low of 101.92 towards the end of the trading session. Dollar-Yen is moving in a mild bullish tone today and is now trading above its 100day SMA of 101.07 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 102.65
RSI (14), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC, MA100 indicate a BUY; STOCH (9, 6), STOCHRSI (14) is Overbought; ADX (14) is Neutral; while Average True Range indicates High Volatility.
Support is at 99.98 while Resistance is at 102.39 and 102.65
30th Aug 2016 – 07:50AM (UTC)
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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FxGrow Daily Technical Analysis – 30th Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zpsvaklibbs.png
EURUSD moved in a consolidation phase yesterday and was unable to break any new highs or lows. Euro is moving in a mild bearish tone and is now trading below its 100day SMA of 1.1212 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1.1115
RSI (14), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC, MA100 indicate a SELL; ADX (14) is Neutral; STOCH (9, 6), STOCHRSI (14) is Oversold; while Average True Range (14) indicates High Volatility.
Support is at 1.1157 while Resistance is at 1.1197 and 1.1217
30th Aug 2016 – 07:30AM (UTC)
GBPUSD
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zps29qtcyz6.png
GBPUSD moved in a consolidation phase yesterday and was unable to break any new highs or lows. Cable is moving in a mild bearish tone today and is now trading below its 100day SMA of 1.3095 in the Asian trading session. The near term bias is Bearish with targets of 1.3030
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 1.3059 while Resistance is at 1.3119 and 1.3279
30th Aug 2016 – 07:39AM (UTC)
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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FxGrow Daily Technical Analysis – 29th Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zpskkyeppdk.png
XAUUSD was unable to sustain to its bullish moves and came down towards the closing session last week. Gold is moving in a consolidation phase today and is now trading below its 100day SMA of 1347.26 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1310
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a SELL; ADX (14) is Neutral; while Average True Range (14) indicates High Volatility.
Support is at 1314.15 while Resistance is at 1322.95 and 1325.05
29th Aug 2016 – 09:04AM (UTC)
XAGUSD[silver]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zpswsvdd39k.png
XAGUSD was bearish last week and came down below 18.60 handle towards the closing session. Silver is moving in a consolidation phase today and is now trading below its 100day SMA of 19.64 in the Asian trading session. The near term bias is Bearish with targets of 18.40
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC, MA100 indicate a SELL; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.
Support is at 18.47 while Resistance is at 19.07 and 19.22
29th Aug 2016 – 09:10AM (UTC)
USOil.cfd
http://i1148.photobucket.com/albums/o568/onestore40/USOilcfdH4_zpspl1omfzv.png
US Oil was bullish last week as it touched a high of 48.88 and remained above 47.00 levels towards the closing session. US Oil is moving in a consolidation phase today and is now trading above its 100day SMA of 44.55 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 46.50
STOCH (9, 6), ADX (14), Ultimate Oscillator indicate a SELL; RSI (14), STOCHRSI (14), CCI (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 46.40 while Resistance is at 47.91 and 48.44
29th Aug 2016 – 09:18AM (UTC)
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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FxGrow Daily Technical Analysis – 29th Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsyqaw3pjs.png
AUDUSD was unable to sustain to its bullish moves and came down towards the closing session last week. Aussie is moving in a zigzag pattern today and is now trading below its 100day SMA of 0.7638 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 0.7500
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC, MA100 indicate a SELL; ADX (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates High Volatility.
Support is at 0.7488 while Resistance is at 0.7568 and 0.7583
29th Aug 2016 – 08:50AM (UTC)
USDJPY
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zpslt0vccbe.png
USDJPY was bullish last week as it crossed the 102 handle and remained firm towards the closing session. Dollar-Yen is moving in a mild bullish tone today and is now trading above its 100day SMA of 101.08 in the Asian trading session. The near term bias is Bullish with targets of 102.55
RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC, MA100 indicate a BUY; STOCHRSI (14), Ultimate Oscillator is Overbought; while Average True Range indicates High Volatility.
Support is at 99.98 while Resistance is at 102.83 and 103.39
29th Aug 2016 – 08:58AM (UTC)
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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FxGrow Daily Technical Analysis – 29th Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zpsprnxrszp.png
EURUSD was unable to sustain to its bullish momentum and came down towards the closing session last week. Euro is moving in a mild bearish tone and is now trading below its 100day SMA of 1.1212 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1.1135
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), ROC, MA100 indicate a SELL; STOCHRSI (14), Ultimate Oscillator is Oversold; while Average True Range (14) indicates High Volatility.
Support is at 1.1180 while Resistance is at 1.1217 and 1.1233
29th Aug 2016 – 08:25AM (UTC)
GBPUSD
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zpsnypzclvr.png
GBPUSD was unable to sustain to its bullish moves and came down towards the closing session last week. Cable is moving in a mild bearish tone today and is now trading below its 100day SMA of 1.3100 in the Asian trading session. The near term bias is Bearish with targets of 1.3040
RSI (14), STOCH (9, 6), ADX (14), CCI (14), ROC, MA100 indicate a SELL; STOCHRSI (14), Ultimate Oscillator is Oversold; while Average True Range (14) indicates Less Volatility.
Support is at 1.3056 while Resistance is at 1.3117 and 1.3279
29th Aug 2016 – 08:37AM (UTC)
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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FXGROW introduces ECN VIP new trading account
We are delighted to announce the launch of a new trading account type: the ECN VIP.
http://i1148.photobucket.com/albums/o568/onestore40/ecn-vip800px_zpsmp0yuneg.jpg
Holders of the ECN VIP trading account can benefit from raw ECN spreads, $8 commission, leverage up to 300, free MT4 VPS hosting, a dedicated Personal Account Manager and many more!
The new ECN VIP is an ECN account with pure Straight- Through Process (STP) execution of 100% orders. There is no dealing desk involved nor any conflict of interest between the trader and the broker. ECN VIP welcomes all trading strategies including news trading, scalping, or hedging.
For more details on the advantages of the FxGrow ECN VIP account, please visit FxGrow.
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FxGrow Daily Technical Analysis – 26th Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zps4oqmnjot.png
XAUUSD was bearish yesterday as it touched a low of 1317.97 and remained weak towards the end of the trading session. Gold is moving in a consolidation phase today and is now trading below its 100day SMA of 1349.08 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1310
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a SELL; ADX (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 1317.97 while Resistance is at 1328.35 and 1331.95
26th Aug 2016 – 07:37AM (UTC)
XAGUSD[silver]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zps1rl4u4gw.png
XAGUSD was indecisive yesterday as it touched a low of 18.48 and a high of 18.66 towards the end of the trading session. Silver is moving in a consolidation phase today and is now trading below its 100day SMA of 19.75 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 18.40
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 Less Volatility.
Support is at 18.31 while Resistance is at 18.71 and 18.83
26th Aug 2016 – 07:46AM (UTC)
USOil.cfd
http://i1148.photobucket.com/albums/o568/onestore40/USOilcfdH4_zpsp2sypbdk.png
US Oil was indecisive yesterday as it touched a low of 46.43 and a high of 47.36 towards the end of the trading session. US Oil is moving in a consolidation phase today and is now trading above its 100day SMA of 44.20 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 48.00
STOCHRSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a BUY; RSI (14), STOCH (9, 6), CCI (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 46.40 while Resistance is at 47.91 and 48.73
26th Aug 2016 – 07:54AM (UTC)
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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FxGrow Daily Technical Analysis – 26th Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsqfhaz3mz.png
AUDUSD was indecisive yesterday as it touched a high of 0.7637 and a low of 0.7601 towards the end of the trading session. Aussie is moving in a bullish tone as it touched an intraday high of 0.7646 today and is now trading just below its 100day SMA of 0.7639 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 0.7680
ADX (14), CCI (14), MA200 indicate a BUY; RSI (14), STOCH (9, 6) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.
Support is at 0.7583 while Resistance is at 0.7676 and 0.7722
26th Aug 2016 – 07:23AM (UTC)
USDJPY
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zpscmqrzxn3.png
USDJPY was indecisive yesterday as it touched a high of 100.61 and a low of 100.30 towards the end of the trading session. Dollar-Yen is moving in a zigzag pattern as it touched an intraday high of 100.61 and is now trading below its 100day SMA of 101.12 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 100.75
STOCH (9, 6), STOCHRSI (14), MACD (12, 26), CCI (14), ROC indicate a BUY; RSI (14), ADX (14) is Neutral; while Average True Range indicates Less Volatility.
Support is at 100.09 while Resistance is at 100.68 and 102.65
26th Aug 2016 – 07:32AM (UTC)
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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FxGrow Daily Technical Analysis – 26th Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zpsytwotht0.png
EURUSD was bullish yesterday as it touched a high of 1.1297 and remained firm towards the end of the trading session. Euro is moving in a mild bullish tone as it touched an intraday high of 1.1306 and is now trading above its 100day SMA of 1.1209 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 1.1350
STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator, MA100 indicate a BUY; RSI (14), CCI (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.
Support is at 1.1244 while Resistance is at 1.1326 and 1.1355
26th Aug 2016 – 07:10AM (UTC)
GBPUSD
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zpspczjr95i.png
GBPUSD was indecisive yesterday as it touched a high of 1.3261 and a low of 1.3168 towards the end of the trading session. Cable is moving in a bullish tone today and is now trading above its 100day SMA of 1.3105 in the Asian trading session. The near term bias is Bullish with targets of 1.3300
RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), CCI (14), ROC, MA100 indicate a BUY; while Average True Range (14) indicates Less Volatility.
Support is at 1.3184 while Resistance is at 1.3248 and 1.3273
26th Aug 2016 – 07:18AM (UTC)
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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FxGrow Daily Technical Analysis – 25th Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zps5nouqtd7.png
XAUUSD was bearish yesterday as it touched a low of 1323.78 and remained weak towards the end of the trading session. Gold is moving in a consolidation phase today and is now trading below its 100day SMA of 1350.01 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1315
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a SELL; ADX (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.
Support is at 1315.76 while Resistance is at 1330.45 and 1333.85
25th Aug 2016 – 06:35AM (UTC)
XAGUSD[silver]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zpsabakqkcg.png
XAGUSD was bearish yesterday as it touched a low of 18.53 and remained weak towards the end of the trading session. Silver is moving in a consolidation phase today and is now trading below its 100day SMA of 19.84 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 18.40
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a SELL; while Average True Range (14) indicates Less Volatility.
Support is at 18.48 while Resistance is at 18.70 and 19.22
25th Aug 2016 – 06:38AM (UTC)
USOil.cfd
http://i1148.photobucket.com/albums/o568/onestore40/USOilcfdH4_zpstmlhdpk7.png
US Oil was bearish yesterday as it touched a low of 46.43 and remained weak towards the end of the trading session. US Oil is moving in a consolidation phase today and is now trading above its 100day SMA of 43.91 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 46.25
STOCH (9, 6), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a SELL; RSI (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.
Support is at 46.43 while Resistance is at 47.07 and 48.97
25th Aug 2016 – 06:44AM (UTC)
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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FxGrow Daily Technical Analysis – 25th Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsnm7zq55q.png
AUDUSD was indecisive yesterday as it touched a low of 0.7588 and a high of 0.7633 towards the end of the trading session. Aussie is moving in a mild bullish tone today and is now trading just below its 100day SMA of 0.7633 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 0.7675
ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; RSI (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.
Support is at 0.7594 while Resistance is at 0.7640 and 0.7668
25th Aug 2016 – 06:13AM (UTC)
USDJPY
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zpspf4xkc3f.png
USDJPY was bullish yesterday as it touched a high of 100.60 and remained firm towards the end of the trading session. Dollar-Yen is moving in a mild bullish tone as it touched an intraday high of 100.61 and is now trading above its 100day SMA of 101.33 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 99.80
MACD (12, 26), Ultimate Oscillator, ROC, MA100 indicate a SELL; RSI (14), ADX (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range indicates Less Volatility.
Support is at 100.11 while Resistance is at 100.80 and 102.65
25th Aug 2016 – 06:21AM (UTC)
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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FxGrow Daily Technical Analysis – 25th Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zpsklytffpz.png
EURUSD was bearish yesterday as it touched a low of 1.1245 and remained weak towards the end of the trading session. Euro is moving in a mild bullish tone and is now trading above its 100day SMA of 1.1199 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 1.1350
MACD (12, 26), ADX (14), MA100 indicate a BUY; RSI (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.
Support is at 1.1244 while Resistance is at 1.1355 and 1.1358
25th Aug 2016 – 06:05AM (UTC)
GBPUSD
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zpshkxcxjol.png
GBPUSD was bullish yesterday as it touched a high of 1.3273 and remained firm towards the end of the trading session. Cable is moving in a mild bullish tone having touched an intraday high of 1.3261 today and is now trading above its 100day SMA of 1.3104 in the Asian trading session. The near term bias is Bullish with targets of 1.3300
RSI (14), STOCH (9, 6), STOCHRSI (14), MACD (12, 26), CCI (14), ROC, MA100 indicate a BUY; while Average True Range (14) indicates Less Volatility.
Support is at 1.3119 while Resistance is at 1.3273 and 1.3291
25th Aug 2016 – 06:10AM (UTC)
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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FxGrow Daily Technical Analysis – 24th Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zpsezwwngpz.png
XAUUSD was indecisive yesterday as it touched a low of 1335.28 and a high of 1344.77 towards the end of the trading session. Gold is moving in a mild bearish tone and is now trading below its 100day SMA of 1350.43 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1325
RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC, MA100 indicate a SELL; STOCH (9, 6), STOCHRSI (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 1338.85 while Resistance is at 1344.75 and 1346.05
24th Aug 2016 – 06:37AM (UTC)
XAGUSD[silver]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zpsfryr86ot.png
XAGUSD was indecisive yesterday as it touched a high of 19.12 and a low of 18.79 towards the end of the trading session. Silver is moving in a mild bullish tone and is now trading below its 100day SMA of 19.92 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 18.70
RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a SELL; STOCHRSI (14) is Overbought; ADX (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 18.71 while Resistance is at 19.22 and 19.37
24th Aug 2016 – 06:42AM (UTC)
USOil.cfd
http://i1148.photobucket.com/albums/o568/onestore40/USOilH4_zpsgincyns7.png
US Oil was bullish yesterday as it touched a high of 48.19 towards the end of the trading session. US Oil is moving in a bearish tone and is now trading below its 100day SMA of 43.70 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 46.90
STOCH (9, 6), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a SELL; RSI (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates High Volatility.
Support is at 46.61 while Resistance is at 48.73 and 48.97
24th Aug 2016 – 06:47AM (UTC)
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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FxGrow Daily Technical Analysis – 24th Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsfnei4iqq.png
AUDUSD was indecisive yesterday as it touched a high of 0.7655 and a low of 0.7614 towards the end of the trading session. Aussie is moving in a mild bearish tone today and is now trading below its 100day SMA of 0.7627 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 0.7560
RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC, MA100 indicate a SELL; STOCH (9, 6) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.
Support is at 0.7583 while Resistance is at 0.7676 and 0.7722
24th Aug 2016 – 06:25AM (UTC)
USDJPY
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zpsup9s5mkf.png
USDJPY was indecisive yesterday and remained flat towards the end of the trading session. Dollar-Yen is moving in a mild bullish tone and is now trading below its 100day SMA of 101.57 in the Asian trading session. The near term bias is Neutral.
Support is at 99.54 while Resistance is at 100.68 and 102.65
24th Aug 2016 – 06:29AM (UTC)
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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FxGrow Daily Technical Analysis – 24th Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zpsibz0ezgd.png
EURUSD was indecisive yesterday as it touched a high of 1.1355 and a low of 1.1305 towards the end of the trading session. Euro is moving in a mild bearish tone and is now trading above its 100day SMA of 1.1187 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1.1250
ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a SELL; RSI (14), STOCH (9, 6) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.
Support is at 1.1240 while Resistance is at 1.1322 and 1.1355
24th Aug 2016 – 06:11AM (UTC)
GBPUSD
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zpsihxtkzlc.png
GBPUSD was bullish yesterday as it touched a high of 1.3210 and remained firm towards the end of the trading session. Cable is moving in a mild bearish tone today and is now trading above its 100day SMA of 1.3101 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), CCI (14), ROC, MA100 indicate a BUY; while Average True Range (14) indicates Less Volatility.
Support is at 1.3064 while Resistance is at 1.3211 and 1.3291
24th Aug 2016 – 06:18AM (UTC)
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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FxGrow Daily Technical Analysis – 23rd Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zpsmhovj14d.png
XAUUSD was indecisive yesterday as it touched a low of 1332.27 and a high of 1339.03 towards the end of the trading session. Gold is moving in a zigzag pattern and is now trading below its 100day SMA of 1348.55 in the Asian trading session. The near term bias is Neutral
Support is at 1340.70 while Resistance is at 1343.20 and 1344.45
23rd Aug 2016 – 06:33AM (UTC)
XAGUSD[silver]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zpsopzkan7c.png
XAGUSD was bearish yesterday and remained below the 19.00 handle towards the end of the trading session. Silver is moving in a mild bullish tone and is now trading below its 100day SMA of 19.41 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 18.75
RSI (14), STOCH (9, 6), STOCHRSI (14), MACD (12, 26), CCI (14), ROC indicate a SELL; ADX (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 18.71 while Resistance is at 19.37 and 19.49
23rd Aug 2016 – 06:42AM (UTC)
USOil.cfd
http://i1148.photobucket.com/albums/o568/onestore40/USOilcfdH4_zpsvpx4vo3h.png
US Oil was bearish yesterday as it touched a low of 47.41 and remained weak towards the end of the trading session. US Oil is moving in a mild bearish tone and is now trading above its 100day SMA of 43.50 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 46.50
STOCH (9, 6), ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a SELL; RSI (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.
Support is at 45.91 while Resistance is at 48.73 and 48.97
23rd Aug 2016 – 06:45AM (UTC)
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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FxGrow Daily Technical Analysis – 23rd Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsgo2itaww.png
AUDUSD was bullish yesterday as it touched a high of 0.7638 and remained firm towards the end of the trading session. Aussie is moving in a mild bullish tone today and is now trading above its 100day SMA of 0.7623 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 0.7675
STOCH (9, 6), STOCHRSI (14), Ultimate Oscillator, MA100 indicate a BUY; RSI (14), ADX (14), CCI (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 0.7545 while Resistance is at 0.7676 and 0.7722
23rd Aug 2016 – 06:22AM (UTC)
USDJPY
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zpsvego6gmd.png
USDJPY was indecisive yesterday as it touched a high of 100.91 and a low of 100.21 towards the end of the trading session. Dollar-Yen is moving in a mild bearish tone and is now trading below its 100day SMA of 101.75 in the Asian trading session. The near term bias is Bearish with targets of 99.60
RSI (14), STOCH (9, 6), STOCHRSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator indicate a SELL; while Average True Range (14) indicates Less Volatility.
Support is at 99.54 while Resistance is at 100.68 and 102.65
23rd Aug 2016 – 06:29AM (UTC)
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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FxGrow Daily Technical Analysis – 23rd Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zps8mzt10fh.png
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
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zpselwgxx9g.png
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)
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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FxGrow Daily Technical Analysis – 22nd Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zpskntlej3o.png
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]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zpsv7n2b8st.png
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
http://i1148.photobucket.com/albums/o568/onestore40/USOil_zpsgqwnsolt.png
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)
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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FxGrow Daily Technical Analysis – 22nd Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsgnjjbln1.png
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
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zps18jqjnfx.png
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)
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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FxGrow Daily Technical Analysis – 22nd Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zps43qptqzc.png
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
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zpsub6aszyh.png
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)
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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FxGrow Daily Technical Analysis – 19th Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zpsigimgt7v.png
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]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zpsi4uz0qbk.png
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
http://i1148.photobucket.com/albums/o568/onestore40/USOil_zps7sy8hcvk.png
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)
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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FxGrow Daily Technical Analysis – 19th Aug, 2016
By FxGrow Research & Analysis Team
AUDUSD
http://i1148.photobucket.com/albums/o568/onestore40/AUDUSDH4_zpsaedrkflm.png
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
http://i1148.photobucket.com/albums/o568/onestore40/USDJPYH4_zpst7x2zank.png
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)
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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FxGrow Daily Technical Analysis – 19th Aug, 2016
By FxGrow Research & Analysis Team
EURUSD
http://i1148.photobucket.com/albums/o568/onestore40/EURUSDH4_zpsxzyu9mv4.png
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
http://i1148.photobucket.com/albums/o568/onestore40/GBPUSDH4_zpst4kgqetl.png
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)
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 by FxGrow
in Technical Analysis
Posted
FxGrow Daily Technical Analysis – 30th Aug, 2016
By FxGrow Research & Analysis Team
XAUUSD[Gold]
http://i1148.photobucket.com/albums/o568/onestore40/XAUUSDH4_zps62ou97p9.png
XAUUSD had mild bullish moves yesterday as it touched a high of 1324.94 towards the end of the trading session. Gold is moving in a mild bearish tone today and is now trading below its 100day SMA of 1345.98 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1310
RSI (14), STOCH (9, 6), MACD (12, 26), Ultimate Oscillator, MA100 indicate a SELL; CCI (14) is Neutral; while Average True Range (14) indicates Less Volatility.
Support is at 1322.25 while Resistance is at 1328.45 and 1331.55
30th Aug 2016 – 07:56AM (UTC)
XAGUSD[silver]
http://i1148.photobucket.com/albums/o568/onestore40/XAGUSDH4_zpsmwguzlrg.png
XAGUSD had bullish moves yesterday as it touched a high of 18.88 towards the end of the trading session. Silver is moving in a mild bearish tone today and is now trading below its 100day SMA of 19.57 in the Asian trading session. The near term bias is Neutral
Support is at 18.38 while Resistance is at 18.85 and 19.22
30th Aug 2016 – 08:01AM (UTC)
USOil.cfd
http://i1148.photobucket.com/albums/o568/onestore40/USOilcfdH4_zpsqxdeekqt.png
US Oil had mild bearish moves yesterday as it touched low of 46.61 towards the end of the trading session. US Oil is moving in a mild bullish tone today and is now trading above its 100day SMA of 44.88 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 47.75
ADX (14), CCI (14), ROC, MA100 indicate a BUY; RSI (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.
Support is at 46.40 while Resistance is at 47.74 and 48.44
30th Aug 2016 – 08:07AM (UTC)
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.