FxGrow Support Posted June 23, 2016 Author Report Share Posted June 23, 2016 FxGrow Daily Technical Analysis – 23rd June, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD continues its strong Bullish tone in the European trading session today and is now trading above its 100day SMA of 1.1305 with an upside focus towards the end of the trading session. The near term bias is Bullish with targets of 1.1440 to 1.1450RSI (14), MACD (12, 26), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) and CCI (14) are Overbought while Average True Range (14) indicates Less Volatility.Support is at 1.1354 while Resistance is at 1.1432 and 1.1432 to 1.146423rd June 2016 – 11:00hrs GMTGBPUSDGBPUSD continues its strong bullish trend trading above the 1.4850 handle in the European trading session. The pair is trading above its 10day SMA of 1.4801 and some downside correction is expected. The near term bias is Bullish with targets of 1.4950RSI (14), MACD (12, 26), ADX (14), ROC indicate a BUY; STOCHRSI (14) is Overbought while Average True Range (14) indicates Less Volatility.Support is at 1.4739 while Resistance is at 1.494523rd June 2016 – 11:17hrs GMTFor 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 Daily Technical Analysis – 23rd June, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD has regained its bullish trend and crossed 0.7550 levels in the European trading session. Now it is trading above its 100 day SMA of 0.7468 with an upside focus towards the 0.7600 handle. The near term bias is Bullish with targets of 0.7600 to 0.7620RSI (14), STOCH (9, 6), STOCHRSI (14), MACD (12, 26), ADX (14) indicate a BUY; while Average True Range (14) indicates High Volatility.Support is at 0.7503 while Resistance is at 0.759323rd June 2016 – 11:25hrs GMTUSDJPYUSDJPY maintains its clear uptrend today as it is trading above the 105.50 handle in the European trading session. The pair is now trading above its 100day SMA of 104.48 with an upside focus towards 106 later today. The near term bias is Neutral to Bullish with targets of 106.00STOCH (9, 6) is Neutral; RSI (14), STOCHRSI (14) and CCI (14) are Overbought; MACD (12, 26), ADX (14), ROC indicate a BUY; while Average True Range (14) indicates High Volatility.Support is at 105.11 while Resistance is at 106.5023rd June 2016 – 11:32hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted June 24, 2016 Author Report Share Posted June 24, 2016 FxGrow Daily Technical Analysis – 24th June, 2016By FxGrow Research & Analysis TeamEURUSD EURUSD touched a high of 1.420 in the early trading hours after which it started its downslide plummeting its 200 day SMA of 1.1271 and further touching lows of 1.0950 in the Asian trading session. The pair has since recovered to trade above 1.1100 handle in the European trading session. The near term bias is Bearish with targets of 1.1040 to 1.1010 RSI (14), STOCH (9, 6), MACD (12, 26), Ultimate Oscillator, ROC indicate a SELL; STOCHRSI (14) and ADX (14) are Neutral while Average True Range (14) indicates High Volatility. Support is at 1.0992 while Resistance is at 1.1128 and 1.114424th June 2016 – 10:16hrs GMTGBPUSD GBPUSD touched a high of 1.5000 in the early trading session today before posting its biggest decline of more than 10% touching lows of 1.3224 in the Asian trading session. The pair has now recovered some of its losses to trade above 1.3800 handle in the European trading session. The near term bias is Bearish with targets of 1.3700 to 1.3650 RSI (14), STOCH (9, 6), STOCHRSI (14), MACD (12, 26), ROC indicate a SELL; ADX (14), CCI (14) are Neutral; while Average True Range (14) indicates High Volatility. Support is at 1.3500 while Resistance is at 1.408624th June 2016 – 10:27hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted June 24, 2016 Author Report Share Posted June 24, 2016 FxGrow Daily Technical Analysis – 24th June, 2016By FxGrow Research & Analysis TeamAUDUSD AUDUSD was trading above the 0.7600 handle in the early trading session after it started its steep decline breaking the 200 day SMA of 0.7436 in the Asian trading session to touch lows of 0.7320; the near term bias is Bearish with targets of 0.7300 to 0.7280 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 0.7327 while Resistance is at 0.747724th June 2016 – 10:34hrs GMTUSDJPY USDJPY crossed the 106 handle in the early trading session today after posing steep decline towards 99 levels in the Asian trading session. The pair is now trading below its 100day SMA of 104.46 at 102.28 in the European trading session. The near term bias is Bearish with targets of 101.00 RSI (14), STOCHRSI (14) MACD (12, 26), ROC indicate a SELL; while Average True Range (14) indicates High Volatility. Support is at 98.99 while Resistance is at 105.5424th June 2016 – 10:56hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted June 27, 2016 Author Report Share Posted June 27, 2016 FxGrow Daily Technical Analysis – 27th June, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD opened the week lower and dropped to 1.0987 in the Asian trading session. The pair has since recovered to trade above 1.1050 handle in the European trading session. The near term bias is Bullish with targets of 1.1100 to 1.1130STOCH (9, 6), ADX (14), CCI (14), Ultimate Oscillator indicate a BUY; STOCHRSI (14) is Overbought while Average True Range (14) indicates Less Volatility.Support is at 1.0911 while Resistance is at 1.1114 and 1.113027th June 2016 – 08:14hrs GMTGBPUSDGBPUSD opened the week lower touching 1.3354 in the Asian trading session. The pair continues in a strong bearish momentum and is now trading above the 1.3400 handle in the European trading session. The near term bias is Bearish with targets of 1.3350 to 1.3310RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a SELL; CCI (14) is Neutral; while Average True Range (14) indicates Less Volatility.Support is at 1.3226 while Resistance is at 1.401227th June 2016 – 08:21hrs GMTFor 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 Daily Technical Analysis – 27th June, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD opened the week lower and touched a low of 0.7390 in the Asian trading session. The pair has since recovered and is now trading above the 0.7400 handle in the European trading session, still below its 100day SMA of 0.7485; the near term bias is Bullish with targets of 0.7480 to 0.7500ADX (14), CCI (14), Ultimate Oscillator indicate a BUY; RSI (14), STOCH (9, 6) are Neutral; while Average True Range (14) indicates Less Volatility.Support is at 0.7327 while Resistance is at 0.751027th June 2016 – 08:29hrs GMTUSDJPYUSDJPY opened the week lower and touched a low of 99.90 in the early trading session today after which it has recovered to trade above the 101.50 handle in the European trading session. The near term bias is Neutral with sideways movements and consolidation in the range of 101.50 to 102.00RSI (14), ADX (14), CCI (14) are Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.Support is at 98.99 while Resistance is at 103.5827th June 2016 – 08:35hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted June 28, 2016 Author Report Share Posted June 28, 2016 FxGrow Daily Technical Analysis – 28th June, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD is trading in an up channel trend and crossed 1.1070 in the European trading session. The pair is still trading below its 100 day SMA of 1.1173 and the near term bias is Bullish with targets of 1.1100 to 1.1150RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator indicate a BUY; STOCHRSI (14) is Overbought while Average True Range (14) indicates Less Volatility.Support is at 1.0967 while Resistance is at 1.1090 and 1.110328th June 2016 – 08:32hrs GMTGBPUSDGBPUSD plummeted yesterday to touch lows of 1.3120 after which it found support and started its recovery upwards. In the early Asian trading session the pair crossed the 1.3300 handle and the near term bias is Bullish with targets of 1.3400STOCH (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 1.3208 while Resistance is at 1.345728th June 2016 – 08:44hrs GMTFor 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 Daily Technical Analysis – 28th June, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD was bearish yesterday and touched a low of 0.7327 after which it found support and has recovered to trade above the 0.7400 handle in the European trading session. The pair is trading below its 100 day SMA of 0.7462 and the near term bias is Neutral to Bullish with targets of 0.7450RSI (14), MACD (12, 26) is Neutral; ADX (14), CCI (14), Ultimate Oscillator, ROC indicate a BUY; STOCH (9, 6), STOCHRSI (14) are Overbought; while Average True Range (14) indicates Less Volatility.Support is at 0.7359 while Resistance is at 0.743028th June 2016 – 08:52hrs GMTUSDJPYUSDJPY is moving in a zigzag pattern with no clear direction since yesterday. The pair is holding onto its crucial support levels of 100 and trading below its 100 day SMA of 103.32 in the European trading session. The near term bias is Neutral to Bullish with targets of 102.75STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14) indicate a BUY; RSI (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.Support is at 101.90 while Resistance is at 102.6428th June 2016 – 09:01hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted June 29, 2016 Author Report Share Posted June 29, 2016 FxGrow Daily Technical Analysis – 29th June, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD is finding support and trading above 1.1050 in the Asian trading session. Upwards movements are capped below 1.1100 levels. The pair is trading below its 100 day SMA of 1.1120 and the near term bias is Neutral to Bearish with range bound moves in the region of 1.1100 to 1.1000RSI (14), CCI (14) is Neutral; STOCH (9, 6), STOCHRSI (14), Ultimate Oscillator indicate a SELL; while Average True Range (14) indicates Less Volatility.Support is at 1.1034 while Resistance is at 1.1098 and 1.111129th June 2016 – 06:44hrs GMTGBPUSDGBPUSD made a recovery yesterday as it crossed the 1.3350 handle and is today trading at the same levels in the Asian trading session. The pair is trading above its 50 day SMA of 1.3296 in the European trading session. The near term bias is Neutral to Bullish with targets of 1.3400RSI (14), ADX (14), CCI (14) are Neutral; MACD (12, 26), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.Support is at 1.3232 while Resistance is at 1.338229th June 2016 – 08:53hrs GMTFor 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 Daily Technical Analysis – 29th June, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD remained indecisive yesterday as it touched a high of 0.7415 and a low of 0.7341 towards the end of the trading session. Today Aussie showed some signs of recovery with the pair crossing 0.7400 handle in the European trading session. The near term bias is Neutral to Bullish with targets of 0.7450RSI (14), ADX (14), CCI (14) are Neutral; STOCH (9, 6), STOCHRSI (14), MACD (12, 26) ROC indicate a BUY; while Average True Range (14) indicates Less Volatility.Support is at 0.7359 while Resistance is at 0.741529th June 2016 – 06:59hrs GMTUSDJPYUSDJPY was bullish yesterday but advances were capped below 103 handle. Today the pair is pushing down to below 102.50 levels in the European trading session. The pair is trading below its 100 day SMA of 102.87 in the European trading session. The near term bias is Neutral to Bearish with targets of 102RSI (14) is Neutral; 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 101.92 while Resistance is at 102.4929th June 2016 – 07:06hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted June 30, 2016 Author Report Share Posted June 30, 2016 FxGrow Daily Technical Analysis – 30th June, 2016By FxGrow Research & Analysis TeamEURUSD EURUSD was bullish yesterday as it crossed the 1.1100 handle and remained strong towards the end of the trading session. The pair is trading below its 100 day SMA of 1.1194 in the early Asian trading session. The near term bias is Neutral to Bullish with targets of 1.1150 to 1.1180 ADX (14), CCI (14) is Neutral; RSI (14), STOCH (9, 6), MACD (12, 26), Ultimate Oscillator, ROC indicate a BUY; while Average True Range (14) indicates Less Volatility. Support is at 1.1034 while Resistance is at 1.1098 and 1.113030th June 2016 – 01:29hrs GMTGBPUSD GBPUSD had a strong bullish momentum yesterday as it crossed the 1.3500 handle on the backdrop of positive trading sentiment. Cable is trading below its 100 day SMA of 1.3445 in the early Asian trading session. The near term bias is Neutral to Bearish with targets of 1.3350 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 1.3420 while Resistance is at 1.347430th June 2016 – 01:40hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted June 30, 2016 Author Report Share Posted June 30, 2016 FxGrow Daily Technical Analysis – 30th June, 2016By FxGrow Research & Analysis TeamAUDUSD AUDUSD was bullish yesterday and crossed the 0.7400 handle and continues its move upwards crossing 0.7450 in the early Asian trading session today. Aussie is trading above its 100 day SMA of 0.7410 and attempting to break higher later today. The near term bias is Neutral to Bullish with targets of 0.7500 RSI (14), CCI (14) are Neutral; STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a BUY; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility. Support is at 0.7414 while Resistance is at 0.747730th June 2016 – 01:50hrs GMTUSDJPY USDJPY was indecisive yesterday as it touched a low of 102.17 and a high of 102.80 towards the end of the trading session. The pair is attempting recovery on improved trader sentiment and is now trading above its 100 day SMA of 102.34 in the early Asian trading session. The near term bias is Neutral to Bearish with targets of 102.20 RSI (14), ADX (14), CCI (14) are Neutral; Ultimate Oscillator, ROC, MA200 indicate a SELL; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility. Support is at 102.17 while Resistance is at 103.0130th June 2016 – 01:58hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 1, 2016 Author Report Share Posted July 1, 2016 FxGrow Daily Technical Analysis – 01st July, 2016By FxGrow Research & Analysis TeamEURUSD EURUSD was indecisive yesterday as it touched a high of 1.1140 and a low of 1.1024 towards the end of the trading session. The pair is trading above its 100 day SMA of 1.1073 in the European trading session and the near term bias is Neutral to Bullish with targets of 1.1150 RSI (14), STOCH (9, 6), MACD (12, 26), Ultimate Oscillator is Neutral; ADX (14), CCI (14), ROC, MA100 indicate a BUY; while Average True Range (14) indicates Less Volatility. Support is at 1.1024 while Resistance is at 1.1130 and 1.114401st July 2016 – 08:45hrs GMTGBPUSD GBPUSD was bearish yesterday as it broke below its support level of 1.3270 to touch intraday low of 1.3205 with signs of further bearish momentum in the coming days. Cable is trading below its 100 day SMA of 1.3343 in the European trading session. The near term bias is Neutral with sideways movements expected in the US trading session. RSI (14), CCI (14) are Neutral; while Average True Range (14) indicates Less Volatility. Support is at 1.3230 while Resistance is at 1.335601st July 2016 – 09:00hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 1, 2016 Author Report Share Posted July 1, 2016 FxGrow Daily Technical Analysis – 01st July, 2016By FxGrow Research & Analysis TeamAUDUSD AUDUSD remained indecisive yesterday as it touched a high of 0.7468 and a low of 0.7370 towards the end of the trading session. Today Aussie is showing some signs of upside momentum approaching the 0.7500 resistance today. The pair is trading above its 100 day SMA of 0.7415 in the European trading session. The near term bias is Bullish with targets of 0.7550 RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility. Support is at 0.7439 while Resistance is at 0.753001st July 2016 – 09:35hrs GMTUSDJPY USDJPY was moving in a zigzag pattern and the pair advanced to cross 103 handle towards the end of the trading session yesterday. The pair is trading above its 100 day SMA of 102.50 in the European trading session. The near term bias is Bearish with targets of 102 RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a SELL; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility. Support is at 102.35 while Resistance is at 103.0101st July 2016 – 09:44hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 4, 2016 Author Report Share Posted July 4, 2016 FxGrow Daily Technical Analysis – 04th July, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD has opened this week above 1.1100 handle and the moves are seen around this levels in the past trading session. The pair is trading below its 200 day SMA of 1.1140 in the European trading session and the near term bias is Neutral to Bearish with targets of 1.1050STOCH (9, 6), ADX (14) is Neutral; Ultimate Oscillator, ROC, MA200 indicate a SELL; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.Support is at 1.1097 while Resistance is at 1.1130 and 1.114404th July 2016 – 09:05hrs GMTGBPUSDGBPUSD opened the week below 1.3300 handle and the pair is consolidating at the 1.3250 to 1.3260 levels in the European trading session. Cable is trading below its 100 day SMA of 1.3349 in the European trading session. The near term bias is Bearish with targets of 1.3200RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator indicate a SELL; CCI (14) is Oversold; while Average True Range (14) indicates Less Volatility.Support is at 1.3179 while Resistance is at 1.333804th July 2016 – 09:11hrs GMTFor 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 Daily Technical Analysis – 04th July, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD opened the week lower but has managed to cross 0.7500 handle in the European trading session. Today Aussie is showing some signs of upside momentum approaching the 0.7550 resistance today. The pair is trading above its 100 day SMA of 0.7443 in the European trading session. The near term bias is Bullish with targets of 0.7550RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.Support is at 0.7491 while Resistance is at 0.752204th July 2016 – 09:17hrs GMTUSDJPYUSDJPY has opened the week below 103 handle and is trading between the 102 and 103 levels in the past trading sessions. The pair is trading below its 200 day SMA of 103.03 in the European trading session. The near term bias is Neutral to Bearish with targets of 102RSI (14), ADX (14), CCI (14), Ultimate Oscillator are Neutral; STOCHRSI (14), MACD (12, 26), MA100 indicate a SELL; while Average True Range (14) indicates Less Volatility.Support is at 102.42 while Resistance is at 102.8404th July 2016 – 09:27hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 5, 2016 Author Report Share Posted July 5, 2016 FxGrow Daily Technical Analysis – 05th July, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD is trading in a zigzag pattern and is unable to make any clear directions in the past trading session. The pair is trading above its 200 day SMA of 1.1117 in the European trading session and the near term bias is Neutral with sideways movements expected later today.RSI (14), MACD (12, 26), ADX (14), CCI (14) are Neutral; while Average True Range (14) indicates High Volatility.Support is at 1.1096 while Resistance is at 1.1184 and 1.121405th July 2016 – 09:00hrs GMTGBPUSDGBPUSD continues to trade lower exposing further downside pressure in the European trading session. Cable is trading below its 100 day SMA of 1.3330 pointing to more weakness in the coming days. The near term bias is Bearish with targets of 1.3050STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a SELL; RSI (14), STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates High Volatility.Support is at 1.3114 while Resistance is at 1.334005th July 2016 – 09:13hrs GMTFor 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 Daily Technical Analysis – 05th July, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD was bullish yesterday as it crossed 0.7500 handle and remained firm towards the end of the trading session. Today Aussie is trading in a zigzag pattern with no clear direction. The pair is trading above its 100 day SMA of 0.7475 in the European trading session. The near term bias is Bearish with targets of 0.7450RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a SELL; STOCHRSI (14) is Oversold; while Average True Range (14) indicates High Volatility.Support is at 0.7472 while Resistance is at 0.754805th July 2016 – 09:24hrs GMTUSDJPYUSDJPY is trading in a bearish momentum today exposing further weakness in the coming days. The pair broke its support level of 102 to touch a low of 101.65; and is trading below its 100 day SMA of 102.64 in the European trading session. The near term bias is Bearish with targets of 101STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator indicate a SELL; RSI (14), STOCHRSI (14) are Oversold; while Average True Range (14) indicates High Volatility.Support is at 101.65 while Resistance is at 102.3505th July 2016 – 09:32hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 7, 2016 Author Report Share Posted July 7, 2016 FxGrow Daily Technical Analysis – 07th July, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD was indecisive yesterday as it touched a high of 1.1111 and a low of 1.1028 as trading sentiment remains unchanged. Today the pair is trading below its 100 day SMA of 1.1109 and further weakness is expected in the US trading session. The near term bias is Bearish with targets of 1.1020RSI (14), STOCHRSI (14), MACD (12, 26), CCI (14), ROC indicate SELL; STOCH (9, 6) is Neutral; while Average True Range (14) indicates Less Volatility.Support is at 1.1046 while Resistance is at 1.1096 and 1.110407th July 2016 – 08:35hrs GMTGBPUSDGBPUSD was indecisive yesterday as it touched a low of 1.2795 and a high of 1.3015 towards the end of the trading session. Today Cable is trading below its 100 day SMA of 1.3129 and upside moves are expected later today. The near term bias is Bullish with targets of 1.3050RSI (14), 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 1.2930 while Resistance is at 1.2992 and 1.301107th July 2016 – 08:45hrs GMTFor 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 Daily Technical Analysis – 07th July, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD was indecisive yesterday as it touched a low of 0.7407 and a high of 0.7516 towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7492 in the European trading session. The near term bias is Bullish with targets of 0.7580RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a BUY; while Average True Range (14) indicates High Volatility.Support is at 0.7475 while Resistance is at 0.752507th July 2016 – 08:50hrs GMTUSDJPYUSDJPY was indecisive yesterday as it touched a low of 100.19 and a high of 101.74 as trading sentiment remains mixed. The pair broke its support level of 101 and as such further downside risks are present as it is trading below its 100day SMA of 101.86 in the European trading session. The near term bias is Neutral to Bearish with targets of 100.50RSI (14), CCI (14) are Neutral; STOCH (9, 6), MACD (12, 26), ROC indicate a SELL; RSI (14), STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.Support is at 101.19 while Resistance is at 101.4607th July 2016 – 09:00hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 8, 2016 Author Report Share Posted July 8, 2016 FxGrow Daily Technical Analysis – 08th July, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD was indecisive yesterday as it touched a high of 1.1106 and a low of 1.1052 as the pair struggles to remain above the 1.1000 handle. Today the pair is trading below its 100 day SMA of 1.1095 as the trend remains unclear. The near term bias is Neutral to Bearish with targets of 1.1000RSI (14), MACD (12, 26), CCI (14) are Neutral; STOCHRSI (14), MA100 indicate a SELL; while Average True Range (14) indicates Less Volatility.Support is at 1.1052 while Resistance is at 1.1080 and 1.109708th July 2016 – 09:30hrs GMTGBPUSDGBPUSD was indecisive yesterday as it touched a high of 1.3042 and a low of 1.2880 towards the end of the trading session. Today Cable is trading below its 100 day SMA of 1.3043 and bullish correction is expected later today. The near term bias is Neutral to Bullish with targets of 1.3010RSI (14), CCI (14), Ultimate Oscillator are Neutral; STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a BUY; SOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.Support is at 1.2878 while Resistance is at 1.2970 and 1.304708th July 2016 – 09:37hrs GMTFor 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 Daily Technical Analysis – 08th July, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD was indecisive yesterday as it touched a high of 0.7538 and a low of 0.7470 towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7496 as it crosses the 0.7500 handle in the European trading session. The near term bias is Bullish with targets of 0.7550STOCH (9, 6) is Neutral; RSI (14), MACD (12, 26), 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 0.7491 while Resistance is at 0.751208th July 2016 – 09:46hrs GMTUSDJPYUSDJPY was moderately bearish yesterday and came down below 101 handle towards the end of the trading session. The scope for upside moves is limited and outlook is negative towards the 99 handle in the coming days. The pair is trading below its 100day SMA of 101.39 in the European trading session. The near term bias is Neutral to Bearish with targets of 100.30RSI (14), CCI (14), Ultimate Oscillator are Neutral; STOCH (9, 6), MACD (12, 26), ROC indicate a SELL; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.Support is at 100.40 while Resistance is at 100.8208th July 2016 – 09:55hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 11, 2016 Author Report Share Posted July 11, 2016 FxGrow Daily Technical Analysis – 11th July, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD has opened the week lower and is trading below the 1.1050 handle and a bearish trend is expected later today. The pair is trading below its 100 day SMA of 1.1073 and a downtrend is expected towards the 1.1000 levels. The near term bias is Neutral to Bearish with targets of 1.0950RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; STOCH (9, 6) is Neutral; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.Support is at 1.1002 while Resistance is at 1.1034 and 1.109711th July 2016 – 09:32hrs GMTGBPUSDGBPUSD has opened the week lower and is trading below the 1.2900 handle with further weakness towards the 1.2700 levels. Today Cable is trading below its 100 day SMA of 1.2964 and strong bearish correction is expected later today. The near term bias is Bearish with targets of 1.2800RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; STOCH (9, 6) is Neutral; CCI (14) is Oversold; while Average True Range (14) indicates Less Volatility.Support is at 1.2824 while Resistance is at 1.2920 and 1.293611th July 2016 – 09:40hrs GMTFor 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 Daily Technical Analysis – 11th July, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD opened this week with an uptrend crossing the 0.7550 levels in the Asian trading session. The pair is looking to break the 0.7600 handle in US trading session today. Today Aussie is trading above its 100 day SMA of 0.7502 and the near term bias is Bullish with targets of 0.7550 to 0.7600MACD (12, 26), MA100 indicate a BUY; RSI (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.Support is at 0.7491 while Resistance is at 0.757511th July 2016 – 09:48hrs GMTUSDJPYUSDJPY has opened the week on a strong bullish tone as it crossed the 102 handle in the European trading session. The pair is trading above its 100day SMA of 101.02 and a move towards 103 is expected. The near term bias is Bullish with targets of 102.50 to 103STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; RSI (14), STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.Support is at 101.46 while Resistance is at 102.4211th July 2016 – 10:10hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 12, 2016 Author Report Share Posted July 12, 2016 FxGrow Daily Technical Analysis – 12th July, 2016By FxGrow Research & Analysis TeamEURUSD EURUSD was indecisive yesterday as it touched a low of 1.1015 and a high of 1.1069 towards the end of the trading session. The pair is trading above its 100 day SMA of 1.1066 and an upward momentum is seen in the European trading session. The near term bias is Strong Bullish with targets of 1.1150 to 1.1200 RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), ROC indicate a BUY; STOCHRSI (14), CCI (14), Ultimate Oscillator are Overbought; while Average True Range (14) indicates Less Volatility. Support is at 1.1098 while Resistance is at 1.1120 and 1.113112th July 2016 – 07:42hrs GMTGBPUSD GBPUSD made bullish correction yesterday as it crossed 1.3000 handle towards the end of the trading session. Today Cable is trading above its 100 day SMA of 1.2959 and strong bullish momentum is seen in the European trading session. The near term bias is Bullish with targets of 1.3150 to 1.3200 RSI (14), STOCH (9, 6), MACD (12, 26), 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 1.3055 while Resistance is at 1.3107 and 1.312412th July 2016 – 08:00hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 12, 2016 Author Report Share Posted July 12, 2016 FxGrow Daily Technical Analysis – 12th July, 2016By FxGrow Research & Analysis TeamAUDUSD AUDUSD was flat yesterday without any major changes towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7524 and the near term bias is Bullish with targets of 0.7650 to 0.7680 STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; RSI (14), STOCHRSI (14) are Overbought; while Average True Range (14) indicates High Volatility. Support is at 0.7585 while Resistance is at 0.766512th July 2016 – 08:10hrs GMTUSDJPY USDJPY was bullish yesterday as it crossed the 102.50 handle yesterday and remained strong towards the end of the trading session. The pair is trading above its 100day SMA of 101.32 with some fluctuation seen in the European trading session. The near term bias is Bullish with targets of 103.50 to 104 RSI (14), STOCH (9, 6), MACD (12, 26), ROC indicate a BUY; ADX (14), CCI (14) are Neutral; while Average True Range (14) indicates High Volatility. Support is at 102.84 while Resistance is at 103.5512th July 2016 – 08:20hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 13, 2016 Author Report Share Posted July 13, 2016 FxGrow Daily Technical Analysis – 13th July, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD was bullish yesterday as it touched a high of 1.1125 but could not sustain bullish momentum and came down to close below 1.1060 towards the end of the trading session. The pair is trading below its 100 day SMA of 1.1065 as it tests its support of 1.1000 later today. The near term bias is Bearish with targets of 1.1000RSI (14), MACD (12, 26), ADX (14), Ultimate Oscillator, ROC indicate a SELL; STOCHRSI (14), CCI (14) are Oversold; while Average True Range (14) indicates Less Volatility.Support is at 1.1049 while Resistance is at 1.1064 and 1.107513th July 2016 – 08:10hrs GMTGBPUSDGBPUSD was bullish yesterday as it crossed 1.3250 handle towards the end of the trading session. Today Cable tried to cross the 1.3300 levels but had a bearish pullback and is trading above its 100 day SMA of 1.3036 in the European trading session. The near term bias is Neutral with sideways moves expectedRSI (14), STOCH (9, 6), Ultimate Oscillator are Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.Support is at 1.3119 while Resistance is at 1.3275 and 1.334013th July 2016 – 08:20hrs GMTFor 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 Daily Technical Analysis – 13th July, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD had a bullish momentum yesterday as it crossed 0.7650 handle and remained strong towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7554 and the near term bias is Bearish with targets of 0.7550RSI (14), 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 0.7548 while Resistance is at 0.7646 and 0.765813th July 2016 – 08:25hrs GMTUSDJPYUSDJPY had a strong bullish move yesterday as it crossed the 104.50 handle yesterday and remained strong towards the end of the trading session. The pair is trading above its 100day SMA of 102.16 and some bearish correction is expected later today. The near term bias is Bearish with targets of 104 to 103.50STOCH (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 103.54 while Resistance is at 104.83 and 104.9813th July 2016 – 08:32hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 14, 2016 Author Report Share Posted July 14, 2016 FxGrow Daily Technical Analysis – 14th July, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD was bullish yesterday as it crossed 1.1100 handle and since then it has entered into a phase of consolidation. The pair is trading above its 100 day SMA of 1.1071 and the short term bias remains on the upside. The near term bias is Bullish with targets of 1.1150RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCH (9, 6) is Neutral; while Average True Range (14) indicates Less Volatility.Support is at 1.1098 while Resistance is at 1.1120 and 1.113014th July 2016 – 09:40hrs GMTGBPUSDGBPUSD had a bearish momentum yesterday as it could not sustain its bullish moves above 1.3300 and pulled back below 1.3150 levels towards the end of the trading session. Today Cable is trading in a Bullish tone as it crossed 1.3200 handle and is trading above its 100day SMA of 1.3097 in the European trading session. The near term bias is Bullish with targets of 1.3350RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.Support is at 1.3192 while Resistance is at 1.3258 and 1.327314th July 2016 – 09:50hrs GMTFor 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 Daily Technical Analysis – 14th July, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD was indecisive yesterday as it touched a low of 0.7576 and a high of 0.7636 towards the end of the trading session. Today Aussie is trading above its 100 day SMA of 0.7584 and the near term bias is Bullish with targets of 0.7700RSI (14), STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.Support is at 0.7593 while Resistance is at 0.7642 and 0.764714th July 2016 – 09:55hrs GMTUSDJPYUSDJPY was indecisive yesterday and traded in a zigzag pattern towards the end of the trading session. Today the pair is moving in a strong bullish momentum and managed to cross 105.80 levels. The pair is trading above its 100day SMA of 103.12 and some pullback is expected later today. The near term bias is Bullish with targets of 106 to 106.50STOCH (9, 6), MACD (12, 26), ADX (14), CCI (14), ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates High Volatility.Support is at 105.24 while Resistance is at 105.86 and 106.0214th July 2016 – 10:00hrs GMTFor 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. Link to comment Share on other sites More sharing options...
FxGrow Support Posted July 15, 2016 Author Report Share Posted July 15, 2016 FxGrow Daily Technical Analysis – 15th July, 2016By FxGrow Research & Analysis TeamThe EURUSD gained ahead of US CPI data The EURUSD traded higher staying above 1.1100 area on speculations of a drawdown in the core rate of inflation. The EURUSD advanced and gained traction on expectations that weak US economic data will affect Fed hiking rate decision negatively and therefore raises Fed scope to delay interest rate hike for December, and breaking 1.1170 will pave the way through 1.1200 zone to touch 1.1218 and 1.1260.To read this Full in depth 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. Link to comment Share on other sites More sharing options...
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