Daily Technical Analysis by FxGrow

[FxGrow Support]

Daily Technical Analysis – 25th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was indecisive yesterday and remained neutral towards the end of the trading session. Now the pair is trading just near its 20day moving average of 1.1201 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1150

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

Support is at 1.1188 while Resistance is at 1.1216

25th June 2015 – 06:06hrs GMT


GBPUSD

GBPUSD was indecisive yesterday remaining weak towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5706 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.5650

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

Support is at 1.5665 while Resistance is at 1.5801

25th June 2015 – 06:10hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 25th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was lower yesterday and touched a low of 0.7683 but then it corrected upwards towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7717 in the European trading session. The near term bias remains Bullish with targets of 0.7800

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

Support is at 0.7718 while Resistance is at 0.7760

25th June 2015 – 06:13hrs GMT


USDJPY

USDJPY was higher yesterday and peaked at 124.35 but then it corrected lower towards the end of the trading session. Now it is trading below its 20day moving average of 123.88 in the European trading session. The near term bias remains Bearish with targets of 123.00

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

Support is at 123.59 while Resistance is at 124.37

25th June 2015 – 06:17hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 26th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was indecisive yesterday and remained neutral towards the end of the trading session. Now the pair is trading just near its 20day moving average of 1.1197 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.1250 to 1.1300

RSI (14), ADX (14), CCI (14) are Neutral; Ultimate Oscillator, Williams %R, MA50 indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.1188 while Resistance is at 1.1230

26th June 2015 – 07:45hrs GMT


GBPUSD

GBPUSD was indecisive yesterday but then corrected upwards towards the end of the trading session. Now the pair is trading just above its 20day moving average of 1.5741 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5800

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

Support is at 1.5708 while Resistance is at 1.5769

26th June 2015 – 07:49hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 26th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD was moderately higher yesterday and remained flat towards the end of the trading session. Now the pair is trading below its 20day moving average of 0.7730 in the European trading session. The near term bias remains Bearish with targets of 0.7600

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

Support is at 0.7694 while Resistance is at 0.7734

26th June 2015 – 07:52hrs GMT


USDJPY

USDJPY was moderately weaker yesterday and remained flat towards the end of the trading session. Now it is trading below its 20day moving average of 123.53 in the European trading session. The near term bias remains Bearish with targets of 122.50

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

Support is at 123.30 while Resistance is at 123.65

26th June 2015 – 07:55hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 29th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD has opened this week with a gap of 200 pips touching a low of 1.0953 in the Asian trading session. Now the pair is trading just near its 20day moving average of 1.1083 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1000

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

Support is at 1.1048 while Resistance is at 1.1150

29th June 2015 – 07:40hrs GMT


GBPUSD

GBPUSD opened the week lower touching a low of 1.5661 in the Asian trading session. Now the pair is trading just below its 20day moving average of 1.5721 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.5650

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

Support is at 1.5672 while Resistance is at 1.5769

29th June 2015 – 07:45hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 29th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD opened the week lower touching a low of 0.7585 in the Asian trading session. Now the pair is trading just below its 20day moving average of 0.7645 in the European trading session. The near term bias remains Neutral to Bearish with targets of 0.7600

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

Support is at 0.7625 while Resistance is at 0.7712

29th June 2015 – 07:49hrs GMT


USDJPY

USDJPY has opened the week lower touching a low of 122.09 in the Asian trading session. Now it is trading below its 20day moving average of 123.28 in the European trading session. The near term bias remains Neutral to Bearish with targets of 122.00

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

Support is at 122.46 while Resistance is at 123.20

29th June 2015 – 07:54hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 30th June, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD was bullish yesterday and touched a high of 1.1277 but then it corrected lower towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.1196 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.1100

RSI (14) is Neutral; 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 1.1134 while Resistance is at 1.1288

30th June 2015 – 07:23hrs GMT


GBPUSD

GBPUSD was indecisive yesterday as it touched a low of 1.5661 and then moved upwards to touch a high of 1.5778 but corrected lower towards the end of the trading session. Now the pair is trading below its 20day moving average of 1.5731 in the European trading session. The near term bias remains Bearish with targets of 1.5650

RSI (14), STOCHRSI (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 1.5708 while Resistance is at 1.5787

30th June 2015 – 07:28hrs GMT

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 30th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 01st July, 2015
By FxGrow Research & Analysis Team

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

[FxGrow Support]

Daily Technical Analysis – 01st July, 2015
By FxGrow Research & Analysis Team

AUDUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.