TopGoldForum.com

Register now to gain access to all of our features. Once registered and logged in, you will be able to contribute to this site by submitting your own content or replying to existing content. You'll be able to customize your profile, receive reputation points as a reward for submitting content, while also communicating with other members via your own private inbox, plus much more!

This message will be removed once you have signed in.

Interested in more traffic and leads? Check our advertising offer
FxGrow Support

Daily Technical Analysis By Fxgrow

785 posts in this topic

Dear Forum Members!

Here you can find Daily Technical Analysis of Major Currencies.

We hope that this information will be helpful for your trading.

Best Regards
FxGrow Support
-------------------------------------------------------------------------------

Terms used in our Analysis

RSI (14) - Relative strength index 14 days Time frame
MACD (12, 26) - Moving Average Convergence Divergence 12 day EMA - 26 day EMA
EMA - Exponential moving average
ADX (14) - Average Directional Index 14 days
ATR (14) - Average True Range 14 days
SMA - Simple Moving Average
MA x - Moving Average where x is the number of days
STOCH RSI (14) - Stochastic RSI 14 days
William %R - Momentum Indicator
CCI(14) - Commodity Channel Index
ROC - Rate of Change

-------------------------------------------------------------------------------


Daily Technical Analysis – 08th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD08may15_zps4aajzcpi.png

EURUSD could not hold on to its bullish trend and came down on profit taking at 1.1220 Near term bias is bearish but overall scenario remains bullish.

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

Support is at 1.1197 while Resistance is at 1.1265, 1.1288 and 1.1391



GBPUSD

GBPUSD08may15_zps6aw8doxa.png

GBPUSD continues its strong bullish momentum crossing 1.5480; the short term bias is bullish within range of 1.5500 to 1.5550, and a correction is expected due to profit taking.

RSI (14), MACD (12, 26) and ADX (14) indicate a BUY while ATR (14) indicates High volatility.

Support is at 1.5303 while Resistance is at 1.5497 and 1.5521



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


Daily Technical Analysis – 08th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD08may15_zpsl8utlj8c.png

AUDUSD could not hold on to its bullish trend and came down to 0.7900 and remains vulnerable to downside movements with targets of 0.7850 and 0.7800

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

Support is at 0.7862 and 0.7876 while Resistance is at 0.7937 and 0.7975




USDJPY

USDJPY08may15_zpsvaplci6v.png

USDJPY is higher at 119.90 and the near term bias remains bullish within the range of 120.00 to 120.35, sideways movements are possible in the European trading session.

RSI (14), STOCHRSI (14), ADX (14), CCI (14) and MACD (12, 26) indicate a BUY. STOCH (9, 6) is overbought and ATR (14) indicates less volatility.

Support is at 119.04 while Resistance is at 119.96 and 119.99



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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 11th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD11may15_zpsgkmwcyst.png

EURUSD remained sideways with the pair testing 1.1140 in the Asian trading session. Near term bias remains bearish with targets of 1.1040 but overall scenario remains bullish.

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

Support is at 1.1136 while Resistance is at 1.1269 and 1.1288

11th May 2015 – 04:03hrs GMT


GBPUSD

GBPUSD11may15_zpsjz461dua.png

GBPUSD maintains its bullish tone still trading above 1.5400 but downside movements are possible due to price action and overall scenario remains bullish.

RSI (14) is Neutral, STOCH (9, 6), ADX (14), CCI (14) indicate a SELL while ATR (14) indicates Less volatility.

Support is at 1.5269, 1.5303 while Resistance is at 1.5497 and 1.5521

11th May 2015 – 04:12hrs 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.


Daily Technical Analysis – 11th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD11may15_zpsug9kogdz.png

AUDUSD remains in Uptrend at 0.7885 and is expected to consolidate at 0.7850 to 0.7900 in the Asian trading session.

RSI (14), MACD (12, 26), STOCH (9, 6) and MA100 indicate a SELL while STOCHRSI (14) is oversold. Average True Range (14) indicates Less Volatility.

Support is at 0.7860 and 0.7876 while Resistance is at 0.7937 and 0.7966

11th May 2015 – 04:19hrs GMT



USDJPY

USDJPY11may15_zpsignngmd8.png

USDJPY is moving sideways trading below 120.00 in the Asian trading session and the near term bias remains Neutral.

RSI (14) is Neutral; STOCHRSI (14) is overbought; ADX (14), CCI (14) and MACD (12, 26) indicate a BUY while ATR (14) indicates Less volatility.

Support is at 119.70 while Resistance is at 120.08

11th May 2015 – 04:26hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 12th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD12may15_zpsmeh6w7bv.png

EURUSD came below the 10day SMA but pulled back above the support level of 1.1136 in the Asian trading session to reach 1.1160 with the near term bias remaining Neutral.

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

Support is at 1.1129 while Resistance is at 1.1164 and 1.1176

12th May 2015 – 04:27hrs GMT


GBPUSD

GBPUSD12may15_zpsfst4iyyg.png

GBPUSD continues its bullish tone crossing 1.5600 yesterday. Near-term bias remains bullish to neutral within the range of 1.5620 to 1.5560

RSI (14) and MACD (12, 26) indicate a BUY; STOCH (9, 6) and CCI (14) indicate a SELL while ATR (14) is Neutral.

Support is at 1.5497, 1.5521 while Resistance is at 1.5589 and 1.5612

12th May 2015 – 04:36hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 12th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD12may15_zps7vroraqv.png

AUDUSD remains stable at 0.7926 and the near term bias is bullish with targets of 0.8000; some correction is expected in the European trading session today.

RSI (14), MACD (12, 26) and STOCH (9, 6) indicate a BUY while STOCHRSI (14) is oversold. Average True Range (14) indicates Less Volatility.

Support is at 0.7876 and 0.7885 while Resistance is at 0.7925

12th May 2015 – 04:48hrs GMT


USDJPY

USDJPY12may15_zpsenp08jbi.png

USDJPY maintains its bullish tone with the pair testing 120.16 in the Asian trading session. Near term bias remains bullish within the range of 121.00 to 121.50 but overall scenario remains Neutral.

RSI (14), STOCH (9, 6), ADX (14) and MACD (12, 26) indicate a BUY while ATR (14) indicates less volatility.

Support is at 119.99 while Resistance is at 120.22

12th May 2015 – 04:42hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


FxGrow
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 13th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD13may15_zpsdxr0ner6.png

EURUSD tried to regain its bullish trend yesterday but came under selling pressure to close below 1.1220 In the Asian trading session the pair is up at 1.1250 and near term bias is bullish with targets of 1.1280 to 1.1300

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

Support is at 1.1129 while Resistance is at 1.1269 and 1.1278

13th May 2015 – 04:41hrs GMT



GBPUSD

GBPUSD13may15_zpsg66bal6e.png

GBPUSD had a strong bullish tone yesterday crossing 1.5700 and the near term bias is bullish in the range of 1.5740 to 1.5800

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

Support is at 1.5556, 1.5589 while Resistance is at 1.5710

13th May 2015 – 04:46hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 13th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD13may15_zpsi2jbigwh.png

AUDUSD has started its bullish tone with the pair crossing 0.8000 in the Asian trading session. The near term bias is bullish with targets of 0.8100

RSI (14), MACD (12, 26) and STOCH (9, 6) indicate a BUY while STOCHRSI (14) is oversold. Average True Range (14) indicates Less Volatility.

Support is at 0.79125 and 0.7937 while Resistance is at 0.8006

13th May 2015 – 04:55hrs GMT



USDJPY

USDJPY13may15_zpsfvsnlyo0.png

USDJPY could not sustain its bullish momentum yesterday and came down below 120.00 and is trading at 119.85 in the Asian trading session. The near term bias remains Neutral.

RSI (14), ADX (14) is Neutral, STOCHRSI(14) is overbought; while Average True Range (14) indicates Less Volatility.

Support is at 119.74 while Resistance is at 120.27

13th May 2015 – 04:51hrs 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.


FxGrow
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 14th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD14may15_zpstdpsnsc7.png

EURUSD rose sharply yesterday and is strong in the Asian trading session. Unable to cross 1.1400 indicates a short term correction in the prices. The near term bias is neutral to bullish within the range of 1.1350 to 1.1400

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

Support is at 1.1265 while Resistance is at 1.1382 and 1.1391

14th May 2015 – 04:57hrs GMT



GBPUSD

GBPUSD14may15_zpsqouuztln.png

GBPUSD retains its bullish tone trading above the 1.5750 and the near term bias is bullish to neutral in the range of 1.5750 to 1.5800 with sideways movements possible in the European trading session.

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

Support is at 1.5632 while Resistance is at 1.5768

14th May 2015 – 05:00hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 14th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD14may15_zpsftpef9yd.png

AUDUSD is in a strong bullish momentum surging ahead of 0.8100 and the near term bias is bullish with targets of 0.8200 to 0.8230

RSI (14), MACD (12, 26) and CCI (14) indicate a BUY while STOCHRSI (14) is oversold. Average True Range (14) indicates Less Volatility.

Support is at 0.8029 while Resistance is at 0.8162

14th May 2015 – 05:04hrs GMT


USDJPY

USDJPY14may15_zpsqolickmd.png

USDJPY remains bearish trading at 119.18 in the Asian trading session. The near term bias is bearish to Neutral with targets of 118.50

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

Support is at 119.04 while Resistance is at 119.35

14th May 2015 – 05:07hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 15th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD15may15_zpsflottet2.png

EURUSD continues its bullish momentum crossing 1.1440 yesterday. The near term bias is bullish with targets of 1.1500 to 1.1540

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

Support is at 1.1342 while Resistance is at 1.1444 and 1.1449

15th May 2015 – 04:34hrs GMT


GBPUSD

GBPUSD15may15_zpsfz4nihi6.png

GBPUSD continues its bullish tone crossing 1.5800 yesterday. Some correction is expected in the European trading session and the near term bias is Neutral to bullish with targets of 1.5850

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

Support is at 1.5763 while Resistance is at 1.5814

15th May 2015 – 04:40hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 15th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD15may15_zpsqiivxtiv.png

AUDUSD came down yesterday and is presently in the bearish tone trading below 0.8100 the near term bias is bearish with targets of 0.8000 to 0.7950

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

Support is at 0.8041 while Resistance is at 0.8162

15th May 2015 – 04:47hrs GMT


USDJPY

USDJPY15may15_zpsyudschkt.png

USDJPY is in Bullish trend crossing 119.40 in the Asian trading session. The near term bias is bullish with targets of 120.00

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

Support is at 118.97 while Resistance is at 119.46

15th May 2015 – 04:53hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 18th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD18may15_zpste7knbgd.png

EURUSD regained its bullish trend crossing 1.1460 on Friday and is trading above 1.1400 in the Asian trading session. The near term bias is Neutral to Bullish with some correction possible in the European trading session.

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

Support is at 1.1322 while Resistance is at 1.1459 and 1.1465

18th May 2015 – 04:35hrs GMT


GBPUSD

GBPUSD18may15_zps8rop02wz.png

GBPUSD could not retain its bullish trend on Friday and came down below 1.5750 Further correction is possible today within the range of 1.5700 The near term bias is Neutral to Bullish with targets of 1.5810

RSI (14), STOCHRSI (14) is Neutral; MA100 and MA200 indicate a BUY; while Average True Range (14) indicates Less Volatility.

Support is at 1.5700 while Resistance is at 1.5785 and 1.5807

18th May 2015 – 04:42hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 18th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD18may15_zpsfexy1n6l.png

AUDUSD is in bearish trend trading at 0.8017 in the Asian trading session. The support level of 0.8000 could easily be broken in the European trading session with targets of 0.7950 to 0.7920 today.

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

Support is at 0.7995 while Resistance is at 0.8067

18th May 2015 – 04:49hrs GMT


USDJPY

USDJPY18may15_zps7krnvtnz.png

USDJPY has started its bullish trend with the pair trading above 119.50 in the Asian trading session. The near term bias is Neutral to bullish with targets of 120.20

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

Support is at 119.46 while Resistance is at 119.82 and 119.92

18th May 2015 – 04:54hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 19th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD19may15_zpspgfwpel7.png

EURUSD started its bearish trend yesterday and came below its support level of 1.1322 In the Asian trading session it touched 1.1300 levels today. The near term bias is bearish but overall scenario remains bullish with targets of 1.1450 to 1.1500

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

Support is at 1.1288 while Resistance is at 1.1391 and 1.1449

19th May 2015 – 04:36hrs GMT



GBPUSD

GBPUSD19may15_zps6lgk6wkj.png

GBPUSD is in a bearish momentum with the pair trading at 1.5650 in the Asian trading session. The near term bias remains Neutral to bearish with some sideways movements possible in the European trading session. Overall scenario remains bullish with targets of 1.5700 to 1.5750

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

Support is at 1.5632 while Resistance is at 1.5700 and 1.5709

19th May 2015 – 04:45hrs 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.


Daily Technical Analysis – 19th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD19may15_zpsmp1uwiat.png

AUDUSD remained bearish yesterday coming down below 0.8000 In the Asian trading session the pair touched a low of 0.7960 but then it rebounded to 0.7990 The near term bias remains Neutral to Bullish with sideways movements expected in the European trading session.

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

Support is at 0.7966 while Resistance is at 0.8026 and 0.8032

19th May 2015 – 04:51hrs GMT



USDJPY

USDJPY19may15_zpsavfny4fk.png

USDJPY is in a Bullish trend with the pair crossing 120.00 in the Asian trading session. The near term bias remains Neutral to Bullish within range of 120.00 to 120.50

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

Support is at 119.82 while Resistance is at 119.99

19th May 2015 – 04:56hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 20th May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD20may15_zps9bgnphk3.png

EURUSD had a strong bearish momentum yesterday falling below 1.1150 to trade at 1.1129 in the Asian Trading session. The near term bias remains bearish with targets of 1.1100 to 1.1050

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

Support is at 1.1117 while Resistance is at 1.1265 and 1.1288

20th May 2015 – 05:11hrs GMT


GBPUSD

GBPUSD20may15_zps23rkmhqd.png

GBPUSD is moving in a bearish momentum with the pair testing 1.5460 yesterday. It is expected to move in a low range and the near term bias remains bearish with targets of 1.5450 to 1.5400

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

Support is at 1.5444 while Resistance is at 1.5556

20th May 2015 – 05:26hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 20th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD20may15_zpsgg3ygsfs.png

AUDUSD continues its bearish trend dropping below 0.7900 in the Asian trading session. The near term bias is Neutral to Bearish within range of 0.7880 to 0.7840 with some sideways movements expected in the European trading session.

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

Support is at 0.7896 while Resistance is at 0.7975 and 0.8032

20th May 2015 – 05:32hrs GMT


USDJPY

USDJPY20may15_zpsluyculnp.png

USDJPY maintains its Bullish tone crossing 120.95 in the Asian trading session. Some correction in prices and sideways movements are possible in the European trading session. The near term bias remains Bullish with targets of 121.50 to 122.00

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

Support is at 120.28 while Resistance is at 121.17

20th May 2015 – 05:40hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 21st May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD21stmay15_zpsz4gijdms.png

EURUSD remained indecisive yesterday but closed lower at 1.1091 In the Asian trading session the pair is in a Bullish momentum and the near term bias remains bullish with targets of 1.1200 to 1.1250

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

Support is at 1.1061 while Resistance is at 1.1130

21st May 2015 – 05:07hrs GMT


GBPUSD

GBPUSD21stmay15_zpsu4paleeb.png

GBPUSD remained sideways yesterday and is trading above the 20 day moving average. The near term bias remains bullish with targets of 1.5590 to 1.5620

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

Support is at 1.5497 while Resistance is at 1.5587

21st May 2015 – 05:14hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 21st May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD21stmay15_zpsq4wdwnvo.png

AUDUSD is in a Bullish tone in the Asian trading session trading above the 20day moving average. The near term bias is Neutral to Bullish within range of 0.7950 to 0.7980 with some sideways movements expected in the European trading session.

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

Support is at 0.7860 while Resistance is at 0.7921 and 0.7937

21st May 2015 – 05:20hrs GMT


USDJPY

USDJPY21stmay15_zps0zv759nj.png

USDJPY was higher yesterday crossing its 20 day moving average at 121.14 In the Asian trading session it has entered into a bearish correction. The near term bias remains Bearish with targets of 120.80 to 120.60

STOCH (9, 6), ADX (14), CCI (14), ROC indicate a SELL; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 120.82 while Resistance is at 121.47

21st May 2015 – 05:27hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


FxGrow
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 22nd May, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD22may15_zpsag0udzjj.png

EURUSD is in continuation of its Bullish phase with the pair trading above its 20day moving average in the Asian trading session. The near term bias remains bullish with targets of 1.1200 to 1.1250

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

Support is at 1.1097 while Resistance is at 1.1180

22nd May 2015 – 04:38hrs GMT


GBPUSD

GBPUSD22may15_zpswirfgq4l.png

GBPUSD is in the consolidation phase with the pair trading above its 20day moving average in the Asian trading session. Sideways movements are expected in the European trading session. The near term bias remains bullish with targets of 1.5700 to 1.5750

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

Support is at 1.5551 while Resistance is at 1.5700

22st May 2015 – 04:47hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 22nd May, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD22may15_zpsnyhtfid5.png

AUDUSD is in a Bullish tone in the Asian trading session trading above the 50day moving average. The near term bias is Neutral to Bullish within range of 0.7960 to 0.7990 with some correction expected in the European trading session.

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

Support is at 0.7876 while Resistance is at 0.7921 and 0.7949

22nd May 2015 – 04:52hrs GMT


USDJPY

USDJPY22may15_zpsyr2lp27u.png

USDJPY is trading lower in the Asian trading session below its 20day moving average. The near term bias remains Bearish with targets of 120.50 to 120.20

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

Support is at 120.70 while Resistance is at 121.25

22nd May 2015 – 05:02hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

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

EURUSD

EURUSD25may15_zpshtei0gqb.png

EURUSD came into a bearish trend on Friday coming down below its 20day moving average. The pair is currently trading at 1.0978 in the Asian trading session. The near term bias remains bearish with targets of 1.0950 to 1.900

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

Support is at 1.0964 while Resistance is at 1.1065

25th May 2015 – 05:26hrs GMT



GBPUSD

GBPUSD25may15_zpsej1plv6u.png

GBPUSD started its bearish trend on Friday coming below its 20day moving average. The pair is trading at 1.5475 in the Asian trading session. The near term bias remains bearish with targets of 1.5450 to 1.5400

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

Support is at 1.5456 while Resistance is at 1.5521

25th May 2015 – 05:33hrs GMT

For more in depth Research & Analysis please visit FxGrow.

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


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

AUDUSD

AUDUSD25may15_zpsknwwlhkh.png

AUDUSD came down on Friday and is trading below its 20day moving average of 0.7828 The correction has subdued in the Asian trading session with the pair trading at 0.7817 The near term bias is Neutral to Bearish within range of 0.7830 to 0.7750

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

Support is at 0.7802 while Resistance is at 0.7851 and 0.7860

25th May 2015 – 05:44hrs GMT


USDJPY

USDJPY25may15_zpspdwo2v6t.png

USDJPY is in continuation of its Bullish trend with the pair trading above its 20day moving average in the Asian trading session. The near term bias remains Bullish with targets of 122.00

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

Support is at 120.82 while Resistance is at 121.77

25th May 2015 – 05:49hrs 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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

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

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


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

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 27th May, 2015
By FxGrow Research & Analysis Team

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 27th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 28th May, 2015
By FxGrow Research & Analysis Team

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 28th May, 2015
By FxGrow Research & Analysis Team

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

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

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


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

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

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

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


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

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 02nd June, 2015
By FxGrow Research & Analysis Team

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 02nd June, 2015
By FxGrow Research & Analysis Team

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 03rd June, 2015
By FxGrow Research & Analysis Team

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 03rd June, 2015
By FxGrow Research & Analysis Team

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Daily Technical Analysis – 04th June, 2015
By FxGrow Research & Analysis Team

EURUSD

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

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

For more in depth Research & Analysis please visit FxGrow.

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


Daily Technical Analysis – 04th June, 2015
By FxGrow Research & Analysis Team

AUDUSD

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

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

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
Growell your Trading

Fxg100x33.png

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

Put your business in front of our community. Check our advertising offer