Daily Technical Analysis by FxGrow

[FxGrow Support]

Daily Technical Analysis – 26th May, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD26may15_zpskrlwzvua.png

 

EURUSD continues its bearish trend trading below its 20day moving average of 1.0966 The pair is currently trading at 1.0933 in the Asian trading session. The near term bias remains bearish with targets of 1.0900 to 1.0850

 

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

 

Support is at 1.0926 while Resistance is at 1.0959

 

26th May 2015 – 05:40hrs GMT

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD26may15_zpswab3rzqt.png

 

GBPUSD remains in a bearish trend trading below its 20day moving average of 1.5464 The pair is trading at 1.5449 in the Asian trading session. The near term bias remains bearish with targets of 1.5400 to 1.5350

 

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

 

Support is at 1.5430 while Resistance is at 1.5497

 

26th May 2015 – 05:57hrs GMT

 

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 – 26th May, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD26may15_zpsgtikehbk.png

 

AUDUSD is in a consolidation phase trading below its 50day moving average of 0.7838 The pair is trading at 0.7828 in the Asian trading session. The near term bias is Neutral to Bearish within range of 0.7800 to 0.7750

 

RSI (14) is Neutral; STOCH (9, 6), STOCHRSI (14), CCI (14), ROC indicate a SELL; while Average True Range (14) indicates High Volatility.

 

Support is at 0.7802 while Resistance is at 0.7840

 

26th May 2015 – 06:04hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY26may15_zpspqjagxvl.png

 

USDJPY is in continuation of its Bullish trend with the pair trading above its 20day moving average of 121.63 in the Asian trading session. The near term bias remains Bullish with targets of 122.40

 

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

 

Support is at 121.47 while Resistance is at 121.98

 

26th May 2015 – 06:07hrs GMT

 

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 – 27th May, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD27may15_zpscauobw85.png

 

EURUSD had a bearish trend yesterday touching a low of 1.0862; in the Asian trading session the pair has recovered and is trading at 1.0912 above its 20day moving average. The near term bias remains Neutral to Bullish with targets of 1.0950 to 1.0980

 

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

 

Support is at 1.0862 while Resistance is at 1.0926

 

27th May 2015 – 06:16hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD27may15_zpseopomrpl.png

 

GBPUSD had a bearish trend yesterday touching a low of 1.5353; in the Asian trading session the pair has recovered and is trading at 1.5425 above its 20day moving average. The near term bias remains Neutral to Bullish with targets of 1.5450 to 1.5470

 

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

 

Support is at 1.5352 while Resistance is at 1.5456 and 1.5479

 

27th May 2015 – 06:19hrs GMT

 

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 – 27th May, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD27may15_zps4fdqbtvh.png

 

AUDUSD had a bearish trend yesterday touching a low of 0.7724; the pair has recovered in the Asian trading session trading at 0.7763 above its 20day moving average. The near term bias is Neutral to Bullish with targets of 0.7800

 

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

 

Support is at 0.7725 while Resistance is at 0.7801

 

27th May 2015 – 06:26hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY27may15_zpsvq6a3ign.png

 

USDJPY had a bullish trend yesterday touching a high of 123.31; the pair is trading lower at 122.92 in the Asian trading session below its 20day moving average. The near term bias remains Neutral to Bearish with targets of 122.50

 

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

 

Support is at 121.77 while Resistance is at 123.31

 

27th May 2015 – 06:34hrs GMT

 

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 – 28th May, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://s5.postimg.org/n2p86p6jb/EURUSD28may15.png

 

EURUSD came down yesterday to touch a low of 1.0819 and since then it has recovered trading above its 20day moving average at 1.0922 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.0960 to 1.0980

 

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

 

Support is at 1.0818 while Resistance is at 1.0947

 

28th May 2015 – 05:54hrs GMT

 

 

GBPUSD

 

http://s5.postimg.org/41fsd6xcn/GBPUSD28may15.png

 

GBPUSD came down yesterday touching a low of 1.5300 and has pulled back above its 20day moving average to trade at 1.5365 in the Asian trading session. The near term bias remains Neutral to Bullish with sideways movements expected in the European trading session.

 

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

 

Support is at 1.5300 while Resistance is at 1.5392 and 1.5396

 

28th May 2015 – 06:02hrs GMT

 

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 – 28th May, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://s5.postimg.org/yud3hi15j/AUDUSD28may15.png

 

AUDUSD continues its bearish trend trading below its 20day moving average of 0.7713; currently the pair is trading at 0.7704 in the Asian trading session. The near term bias remains bearish with targets of 0.7650

 

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

 

Support is at 0.7660 while Resistance is at 0.7748

 

28th May 2015 – 06:20hrs GMT

 

 

USDJPY

 

http://s5.postimg.org/bev6c5hef/USDJPY28may15.png

 

USDJPY continued its bullish trend yesterday touching a high of 124.21; the pair is trading lower at 123.74 in the Asian trading session just above its 20day moving average of 123.80; the near term bias remains Neutral but overall scenario remains Bullish.

 

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

 

Support is at 122.76 while Resistance is at 124.28

 

28th May 2015 – 06:26hrs GMT

 

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 – 29th May, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD29may15_zps7sjgaetg.png

 

EURUSD is in a bullish trend and touched a high of 1.0973 yesterday, and is trading just at its 20day moving average of 1.0939 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.0980 to 1.1000

 

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

 

Support is at 1.0926 while Resistance is at 1.0973

 

29th May 2015 – 06:41hrs GMT

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD29may15_zps0wsote3j.png

 

GBPUSD continued in its bearish trend yesterday touching a low of 1.5264 and is trading just at its 20day moving average of 1.5312 in the Asian trading session. The near term bias remains Neutral to bearish with sideways movements expected in the European trading session.

 

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

 

Support is at 1.5259 while Resistance is at 1.5341 and 1.5352

 

29th May 2015 – 06:49hrs GMT

 

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 – 29th May, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD29may15_zpssjwsmfiz.png

 

AUDUSD continued its bearish trend yesterday and touched a low of 0.7619; since then it has recovered and is trading just near its 20day moving average of 0.7651 in the Asian trading session. The near term bias remains Neutral to bearish with targets of 0.7600

 

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

 

Support is at 0.7616 while Resistance is at 0.7738

 

29th May 2015 – 06:56hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY29may15_zpsi6s5eu3z.png

 

USDJPY had a bullish trend yesterday and touched a high of 124.45 but since then it has come down to trade just at its 20day moving average of 123.93 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 124.50

 

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

 

Support is at 123.59 while Resistance is at 124.45

 

29th May 2015 – 07:01hrs GMT

 

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 – 01st June, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD01June15_zpshbsdz0wa.png

 

EURUSD closed the weekend higher at 1.0989 but has now entered the bearish trend trading below its 20day moving average of 1.0969 in the Asian trading session. The near term bias remains Neutral to Bearish with targets of 1.0900 to 1.0880

 

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

 

Support is at 1.0928 while Resistance is at 1.1005

 

01st June 2015 – 06:50hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD01June15_zpsysfrftpf.png

 

GBPUSD continued in its bearish trend last week touching a low of 1.5235 and is trading below its 20day moving average of 1.5283 in the Asian trading session. The near term bias remains Neutral to Bearish with targets of 1.5200

 

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

 

Support is at 1.5235 while Resistance is at 1.5332

 

01st June 2015 – 06:56hrs GMT

 

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 – 01st June, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD01June15_zpsqry6ap5o.png

 

AUDUSD remained bearish last week touching a low of 0.7619; since then it has recovered and is trading above its 20day moving average of 0.7651 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 0.7700

 

MACD (12, 26) is Neutral; RSI (14), STOCH (9, 6), ADX (14), CCI (14), Ultimate Oscillator, MA50, ADX (14) indicate a BUY; while Average True Range (14) indicates Less Volatility.

 

Support is at 0.7624 while Resistance is at 0.7673

 

01st June 2015 – 07:02hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY01June15_zps6lixsewg.png

 

USDJPY had a Bullish tone last week touching a high of 124.45; but since then it has come down and is trading above its 20day moving average of 124.10 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 124.50 to 124.75

 

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

 

Support is at 123.59 while Resistance is at 124.33

 

01st June 2015 – 07:21hrs GMT

 

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 – 02nd June, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD02June15_zpsb7w7hndj.png

 

EURUSD touched a low of 1.0886 yesterday but has recovered since then and has now entered the bullish trend trading above its 20day moving average of 1.0929 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.0970 to 1.1000

 

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

 

Support is at 1.0912 while Resistance is at 1.0956

 

02nd June 2015 – 06:51hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD02June15_zpsfmutkg65.png

 

GBPUSD had a bearish trend yesterday and touched a low of 1.5169 but has recovered since then and has now entered the bullish trend trading above its 20day moving average of 1.5208 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.5240 to 1.5260

 

RSI (14), STOCH (9, 6) are Neutral; ADX (14), Ultimate Oscillator, ROC, MA20 indicate a BUY; STOCHRSI (14), CCI (14) are Overbought; while Average True Range (14) indicates Less Volatility.

 

Support is at 1.5169 while Resistance is at 1.5269

 

02nd June 2015 – 06:56hrs GMT

 

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 – 02nd June, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD02June15_zpsj5j4uaie.png

 

AUDUSD had a bearish trend yesterday touching a low of 0.7598 but has recovered since then and has now entered the bullish trend trading above its 20day moving average of 0.7630 in the Asian trading session. The near term bias remains Bullish with targets of 0.7750

 

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

 

Support is at 0.7625 while Resistance is at 0.7712

 

02nd June 2015 – 07:07hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY02June15_zpsiiyph766.png

 

USDJPY had a Bullish tone yesterday touching a high of 124.90 but since then it has come down and is trading below its 20day moving average of 124.67 in the Asian trading session. The near term bias remains Neutral to Bearish with targets of 124.30 to 124.10

 

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

 

Support is at 123.59 while Resistance is at 124.33

 

02nd June 2015 – 07:12hrs GMT

 

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 – 03rd June, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD03June15_zpsdmmdjufn.png

 

EURUSD had a strong bullish trend and is trading above its 20day moving average of 1.1146 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.1250 to 1.1300

 

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

 

Support is at 1.1097 while Resistance is at 1.201

 

03rd June 2015 – 06:54hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD03June15_zpstpsaecl0.png

 

GBPUSD had a bullish trend yesterday and is currently trading above its 20day moving average of 1.5335 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.5400

 

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

 

Support is at 1.5269 while Resistance is at 1.5385

 

03rd June 2015 – 06:59hrs GMT

 

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 – 03rd June, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD03June15_zpsoytatucw.png

 

AUDUSD had a bullish trend yesterday and is now trading above its 20day moving average of 0.7768 in the Asian trading session. The near term bias remains Bullish with targets of 0.7800 with some correction expected in the European trading session.

 

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

 

Support is at 0.7739 while Resistance is at 0.7818

 

03rd June 2015 – 07:03hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY03June15_zpsfe8dozbv.png

 

USDJPY had a bearish trend yesterday touching a low of 123.79 and is now trading below its 20day moving average of 124.07 in the Asian trading session. The near term bias remains Neutral to Bearish with targets of 123.50

 

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

 

Support is at 123.75 while Resistance is at 125.04

 

03rd June 2015 – 07:09hrs GMT

 

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

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD04June15_zpsteheowvj.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD04June15_zpsg1tmpqha.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD04June15_zpsv0snqojj.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY04June15_zpsifw8ttos.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD05June15_zpsvkngiz8i.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD05June15_zps0ls5aplc.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD05June15_zpsrjenzywk.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY05June15_zpszgwhxdvl.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD08June15_zpsmk21cpe1.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD08June15_zpstebdvf2p.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD08June15_zpsdpqyojka.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY08June15_zpsx5qt84nn.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD09June15_zpsfgvyldql.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD09June15_zpsib1kmzlm.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD09June15_zpshunjozxz.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY09June15_zpsif94dzfu.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD10June15_zpsfwhoyqe2.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD10June15_zpsylgcoofp.png

 

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

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD10June15_zpsox9yyrel.png

 

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

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY10June15_zpshtcywwow.png

 

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

 

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 – 11th June, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD11June15_zpsmszhghtx.png

 

EURUSD was bullish yesterday and touched a high of 1.1385 but has now lost its gains. Now it is trading below its 20day moving average of 1.1303 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1200

 

STOCH (9, 6) is Neutral, RSI (14), MACD (12, 26), 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 1.1247 while Resistance is at 1.1288

 

11th June 2015 – 08:47hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD11June15_zpsy1bbs0gp.png

 

GBPUSD was bullish yesterday and touched a high of 1.5553 but now it has corrected lower. Now the pair is trading below its 20day moving average of 1.5504 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.5400

 

RSI (14), 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 1.5444 while Resistance is at 1.5521

 

]11th June 2015 – 08:21hrs GMT

 

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.