Daily Technical Analysis by FxGrow

[FxGrow Support]

Daily Technical Analysis – 30th June, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD30June15_zps2hr9yjbu.png

 

AUDUSD was lower yesterday but then it corrected upwards to reach a high of 0.7710 towards the end of the trading session. Now the pair is trading just above its 20day moving average of 0.7677 in the European trading session. The near term bias remains Neutral.

 

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

 

Support is at 0.7632 while Resistance is at 0.7711

 

30th June 2015 – 07:43hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY30June15_zpss7lkibth.png

 

USDJPY was bearish yesterday and remained weak towards the end of the trading session. Now it is trading below its 20day moving average of 123.48 in the European trading session. The near term bias remains Bearish with targets of 121.50

 

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

 

Support is at 122.02 while Resistance is at 122.47

 

30th June 2015 – 07:49hrs 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 – 01st July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i59.tinypic.com/2ajumhv.jpg

 

EURUSD had a bullish momentum yesterday and remained firm towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.1146 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1050

 

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 1.1115 while Resistance is at 1.1155

 

01st July 2015 – 07:11hrs GMT

 

GBPUSD

 

http://i57.tinypic.com/2lsh7xi.jpg

 

GBPUSD moved upwards touching a high of 1.5738 but then it came down and remained indecisive towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5713 in the European trading session. The near term bias remains Neutral to Bearish.

 

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

 

Support is at 1.5673 while Resistance is at 1.5768

 

01st July 2015 – 07:18hrs 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 July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i60.tinypic.com/2u965gp.jpg

 

AUDUSD was moderately higher yesterday and remained firm towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7710 in the European trading session. The near term bias remains Neutral to Bullish with targets of 0.7800

 

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

 

Support is at 0.7681 while Resistance is at 0.7738

 

01st July 2015 – 07:44hrs GMT

 

 

USDJPY

 

http://i58.tinypic.com/21dn41x.png

 

USDJPY remained indecisive yesterday as it came below 122.00 levels but corrected upwards towards the end of the trading session. Now it is trading above its 20day moving average of 122.43 in the European trading session. The near term bias remains Bullish with targets of 123.50

 

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 122.60 while Resistance is at 122.89

 

01st July 2015 – 07:51hrs 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 July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i62.tinypic.com/eg4zfb.jpg

 

EURUSD was broadly lower yesterday and touched a low of 1.1051 and remained weak towards the end of the trading session. Now the pair is trading just near its 20day moving average of 1.1071 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1010

 

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

 

Support is at 1.1031 while Resistance is at 1.1134

 

02nd July 2015 – 04:33hrs GMT

 

 

GBPUSD

 

http://i58.tinypic.com/6jlzbq.jpg

 

GBPUSD was bearish yesterday and touched a low of 1.5606 remaining weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5621 in the European trading session. The near term bias remains Neutral to Bearish.

 

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

 

Support is at 1.5587 while Resistance is at 1.5652

 

02nd July 2015 – 04:43hrs 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 July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i59.tinypic.com/14ya0w7.jpg

 

AUDUSD was moderately higher yesterday touching a high of 0.7714 but then it came down towards the end of the trading session. Now the pair is trading just below its 20day moving average of 0.7659 in the European trading session. The near term bias remains Neutral to Bearish with targets of 0.7600

 

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

 

Support is at 0.7634 while Resistance is at 0.7738

 

02nd July 2015 – 04:49hrs GMT

 

 

USDJPY

 

http://i61.tinypic.com/1ffhjl.jpg

 

USDJPY was bullish yesterday and remained firm towards the end of the trading session. Now it is trading above its 20day moving average of 123.16 in the European trading session. The near term bias remains Bullish with targets of 124.00

 

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 122.60 while Resistance is at 122.89

 

02nd July 2015 – 04:58hrs 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 July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i57.tinypic.com/21b57dk.jpg

 

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

 

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

 

Support is at 1.1048 while Resistance is at 1.1119

 

03rd July 2015 – 04:00hrs GMT

 

 

 

GBPUSD

 

http://i57.tinypic.com/34qsc91.jpg

 

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

 

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

 

Support is at 1.5560 while Resistance is at 1.5624

 

03rd July 2015 – 04:08hrs GMT

 

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 July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i60.tinypic.com/xpoivn.jpg

 

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

 

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

 

Support is at 0.7572 while Resistance is at 0.7616

 

03rd July 2015 – 04:14hrs GMT

 

 

USDJPY

 

http://i58.tinypic.com/11liedt.jpg

 

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

 

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

 

Support is at 122.80 while Resistance is at 123.70

 

03rd July 2015 – 04:20hrs GMT

 

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 – 06th July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD06July15_zps7saxqxjo.png

 

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

 

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

 

Support is at 1.1031 while Resistance is at 1.1117

 

06th July 2015 – 05:46hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD06July15_zps4ifgojlv.png

 

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

 

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

Support is at 1.5552 while Resistance is at 1.5624

 

06th July 2015 – 06:01hrs GMT

 

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 – 06th July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD06July15_zpslqqdcgma.png

 

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

 

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

 

Support is at 0.7460 while Resistance is at 0.7598

 

06th July 2015 – 06:09hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY06July15_zpsvmztgh0j.png

 

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

 

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

 

Support is at 121.81 while Resistance is at 122.84

 

06th July2015 – 06:13hrs GMT

 

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 – 07th July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD07July15_zpshvg8hpwu.png

 

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

 

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

 

Support is at 1.0969 while Resistance is at 1.1076

 

07th July 2015 – 07:01hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD07July15_zpsxhmmnjfy.png

 

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

 

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

 

Support is at 1.5531 while Resistance is at 1.5602

 

07th July 2015 – 07:05hrs GMT

 

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 – 07th July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD07July15_zpshogoiori.png

 

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

 

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

 

Support is at 0.7462 while Resistance is at 0.7532

 

07th July 2015 – 07:09hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY07July15_zpso28v3n0h.png

 

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

 

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

 

Support is at 122.45 while Resistance is at 122.93

 

07th July2015 – 07:13hrs GMT

 

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 July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD08July15_zpsvlzt71d0.png

 

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

 

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

 

Support is at 1.0916 while Resistance is at 1.1065

 

08th July 2015 – 06:22hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD08July15_zpsuofbui8a.png

 

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

 

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

 

Support is at 1.5413 while Resistance is at 1.5588

 

08th July 2015 – 06:27hrs GMT

 

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 July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD08July15_zpsm0hir5ky.png

 

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

 

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

 

Support is at 0.7384 while Resistance is at 0.7432

 

08th July 2015 – 06:30hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY08July15_zpsgifchonx.png

 

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

 

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

 

Support is at 121.85 while Resistance is at 122.45

 

08th July2015 – 06:34hrs GMT

 

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 July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD09July15_zpsmdnyxqhc.png

 

EURUSD had a bullish trend yesterday and touched a high of 1.1091 and remained firm towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.1067 in the European trading session. The near term bias remains Bullish with targets of 1.1160

 

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

 

Support is at 1.1065 while Resistance is at 1.1131

 

09th July 2015 – 06:25hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD09July15_zpsbgigafvw.png

 

GBPUSD had a bearish momentum yesterday and touched a low of 1.5329 but then it corrected upwards towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5367 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5450

 

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

Support is at 1.5351 while Resistance is at 1.5450

 

09th July 2015 – 06:30hrs GMT

 

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 July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD09July15_zpspnpjmaal.png

 

AUDUSD remained indecisive yesterday as it touched a low of 0.7370 and a high of 0.7448 towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7439 in the European trading session. The near term bias remains Bullish with targets of 0.7500

 

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

 

Support is at 0.7371 while Resistance is at 0.7516

 

09th July 2015 – 06:37hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY09July15_zps7hrquusp.png

 

USDJPY was strongly bearish yesterday as it touched a low of 120.40 and remained weak towards the end of the trading session. Now it is trading above its 20day moving average of 120.97 in the European trading session. The near term bias remains Neutral to Bullish with targets of 122.00

 

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

 

Support is at 120.41 while Resistance is at 121.94

 

09th July2015 – 06:42hrs GMT

 

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 – 13th July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD13July15_zpsjls2v4yk.png

 

EURUSD was bullish last week without any major movements and opened the week lower at 1.1096 today. Now the pair is trading below its 20day moving average of 1.1144 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1050

 

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

 

Support is at 1.1065 while Resistance is at 1.1151

 

13th July 2015 – 07:51hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD13July15_zpsenxjrwwf.png

 

GBPUSD closed last week higher and opened the week slightly up at 1.5518 today. Now the pair is trading above its 20day moving average of 1.5509 in the European trading session. The near term bias remains Bullish with targets of 1.5600

 

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

 

Support is at 1.5420 while Resistance is at 1.5616

 

13th July 2015 – 07:38hrs 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 – 13th July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD13July15_zpsv5avnowl.png

 

AUDUSD was lower last week and opened the week lower at 0.7412 today. Now the pair is trading below its 20day moving average of 0.7435 in the European trading session. The near term bias remains Neutral to Bearish with targets of 0.7350

 

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

 

Support is at 0.7409 while Resistance is at 0.7462

 

13th July 2015 – 07:46hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY13July15_zpsh4tkrnta.png

 

USDJPY was bullish last week and opened the week lower at 122.17 today. Now it is trading above its 20day moving average of 122.70 in the European trading session. The near term bias remains Bullish with targets of 124.00

 

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

 

Support is at 122.45 while Resistance is at 123.31

 

13th July2015 – 07:59hrs 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 – 14th July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD14July15_zps0owveu3u.png

 

EURUSD was bearish yesterday and came down below 1.1000 remaining weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.1006 in the European trading session. The near term bias remains Bearish with targets of 1.0900

 

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

 

Support is at 1.0969 while Resistance is at 1.1131

 

14th July 2015 – 07:28hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD14July15_zpsw2m3u4hn.png

 

GBPUSD tried to go up yesterday as it touched a high of 1.5586 but then it came down below 1.5500 and remained weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5493 in the European trading session. The near term bias remains Bearish with targets of 1.5400

 

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

 

Support is at 1.5423 while Resistance is at 1.5507

 

14th July 2015 – 07:33hrs 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 – 14th July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD14July15_zpsqb0tsbyy.png

 

AUDUSD remained indecisive as it touched a high of 0.7460 and a low of 0.7383 yesterday. Now the pair is trading above its 20day moving average of 0.7412 in the European trading session. The near term bias remains Neutral to Bullish with targets of 0.7480

 

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

 

Support is at 0.7392 while Resistance is at 0.7449

 

14th July 2015 – 07:57hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY14July15_zps5eiw7ta5.png

 

USDJPY was bullish yesterday as it touched a high of 123.48 and remained strong towards the end of the trading session. Now it is trading just below its 20day moving average of 123.46 in the European trading session. The near term bias remains Neutral to Bullish with targets of 123.85

 

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

 

Support is at 122.45 while Resistance is at 123.64

 

14th July2015 – 08:02hrs 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 – 15th July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD15July15_zpsoc7oeird.png

 

EURUSD remained indecisive yesterday as it touched a low of 1.0965 and a high of 1.1071 but came down towards the end of the trading session. Now the pair is trading just below its 20day moving average of 1.1009 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.0950

 

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

 

Support is at 1.0965 while Resistance is at 1.1076

 

15th July 2015 – 07:42hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD15July15_zpsckagopno.png

 

GBPUSD was bullish yesterday as it touched a high of 1.5637 and remained strong towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5628 in the European trading session. The near term bias remains Bullish with targets of 1.5700

 

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

 

Support is at 1.5497 while Resistance is at 1.5672

 

15th July 2015 – 07:48hrs 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 – 15th July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD15July15_zpsr2wbokss.png

 

AUDUSD was bullish yesterday and remained strong towards the end of the trading session. Now the pair is trading just above its 20day moving average of 0.7456 in the European trading session. The near term bias remains Bullish with targets of 0.7500

 

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

 

Support is at 0.7449 while Resistance is at 0.7488

 

15th July 2015 – 07:58hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY15July15_zpszeplgpyk.png

 

USDJPY remained indecisive yesterday as it touched a low of 122.99 but then recovered towards the end of the trading session. Now it is trading above its 20day moving average of 123.38 in the European trading session. The near term bias remains Bullish with targets of 124.00

 

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

 

Support is at 123.22 while Resistance is at 123.73

 

15th July2015 – 08:02hrs 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 – 16th July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD16July15_zps7h4afv9j.png

 

EURUSD had a bearish trend yesterday as it touched a low of 1.0929 and remained weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.0944 in the European trading session. The near term bias remains Bearish with targets of 1.0850

 

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

 

Support is at 1.0916 while Resistance is at 1.0969

 

16th July 2015 – 07:23hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD16July15_zpsfyps3ybv.png

 

GBPUSD was indecisive as it touched a high of 1.5673 and a low of 1.5577 but recovered towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5627 in the European trading session. The near term bias remains Bullish with targets of 1.5710

 

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

 

Support is at 1.5602 while Resistance is at 1.5675

 

16th July 2015 – 07:27hrs 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 – 16th July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD16July15_zpsd3jeejfo.png

 

AUDUSD was bearish yesterday as it touched a low of 0.7353 and remained weak towards the end of the trading session. Now the pair is trading just above its 20day moving average of 0.7380 in the European trading session. The near term bias remains Neutral to Bullish with targets of 0.7450

 

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

 

Support is at 0.7326 while Resistance is at 0.7434

 

16th July 2015 – 07:32hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY16July15_zpsxlxlobno.png

 

USDJPY was bullish yesterday as it touched a high of 123.94 and remained strong towards the end of the trading session. Now the pair is trading just above its 20day moving average of 123.84 in the European trading session. The near term bias remains Neutral to Bullish with targets of 124.20

 

STOCH (9, 6), ADX (14), CCI (14) are Neutral; 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 123.64 while Resistance is at 123.97

 

16th July2015 – 07:36hrs 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 – 17th July, 2015

By FxGrow Research & Analysis Team

 

EURUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/EURUSD17July15_zpsx3jziyy8.png

 

EURUSD had a bearish trend yesterday as it touched a low of 1.0854 and remained weak towards the end of the trading session. Now the pair is trading just below its 20day moving average of 1.0885 in the European trading session. The near term bias remains Bearish with targets of 1.0800

 

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 1.0855 while Resistance is at 1.0965

 

17th July 2015 – 07:01hrs GMT

 

 

GBPUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/GBPUSD17July15_zps5qlsqvdi.png

 

GBPUSD was indecisive as it touched a high of 1.5648 and a low of 1.5559 but recovered towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5617 in the European trading session. The near term bias remains Bullish with targets of 1.5700

 

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

 

Support is at 1.5602 while Resistance is at 1.5716

 

17th July 2015 – 07:04hrs 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 – 17th July, 2015

By FxGrow Research & Analysis Team

 

AUDUSD

 

http://i1148.photobucket.com/albums/o568/onestore40/AUDUSD17July15_zps2woibxzp.png

 

AUDUSD was bullish yesterday as it touched a high of 0.7434 and remained firm towards the end of the trading session. Now the pair is trading below its 20day moving average of 0.7411 in the European trading session. The near term bias remains Neutral to Bearish with targets of 0.7350

 

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

 

Support is at 0.7349 while Resistance is at 0.7437

 

17th July 2015 – 07:11hrs GMT

 

 

USDJPY

 

http://i1148.photobucket.com/albums/o568/onestore40/USDJPY17July15_zpsxctdgskv.png

 

USDJPY was bullish yesterday as it touched a high of 124.16 and remained firm towards the end of the trading session. Now the pair is trading below its 20day moving average of 124.09 in the European trading session. The near term bias remains Bearish with targets of 123.50

 

RSI (14), STOCH (9, 6), 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 123.73 while Resistance is at 124.23

 

17th July2015 – 07:14hrs 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.