Jump to content

Daily Technical Analysis By FxGrow.com


Recommended Posts

FxGrow Daily Technical Analysis – 24th Aug, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSDH4_zpsfnei4iqq.png

AUDUSD was indecisive yesterday as it touched a high of 0.7655 and a low of 0.7614 towards the end of the trading session. Aussie is moving in a mild bearish tone today and is now trading below its 100day SMA of 0.7627 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 0.7560

RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC, MA100Β indicate a SELL; STOCH (9, 6) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 0.7583 while Resistance is at 0.7676 and 0.7722

24th Aug 2016 – 06:25AM (UTC)

USDJPY
USDJPYH4_zpsup9s5mkf.png

USDJPY was indecisive yesterday and remained flat towards the end of the trading session. Dollar-Yen is moving in a mild bullish tone and is now trading below its 100day SMA of 101.57 in the Asian trading session.Β The near term bias is Neutral.

Support is at 99.54 while Resistance is at 100.68 and 102.65

24th Aug 2016 – 06:29AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note:Β 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

FxGrow Daily Technical Analysis – 24th Aug, 2016
By FxGrow Research & Analysis Team

XAUUSD[Gold]
XAUUSDH4_zpsezwwngpz.png

XAUUSD was indecisive yesterday as it touched a low of 1335.28 and a high of 1344.77 towards the end of the trading session. Gold is moving in a mild bearish tone and is now trading below its 100day SMA of 1350.43 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 1325

RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC, MA100Β indicate a SELL; STOCH (9, 6), STOCHRSI (14) is Neutral; while Average True Range (14) indicates Less Volatility.

Support is at 1338.85 while Resistance is at 1344.75 and 1346.05

24th Aug 2016 – 06:37AM (UTC)

XAGUSD[silver]
XAGUSDH4_zpsfryr86ot.png

XAGUSD was indecisive yesterday as it touched a high of 19.12 and a low of 18.79 towards the end of the trading session. Silver is moving in a mild bullish tone and is now trading below its 100day SMA of 19.92 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 18.70

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

Support is at 18.71 while Resistance is at 19.22 and 19.37

24th Aug 2016 – 06:42AM (UTC)

USOil.cfd
USOilH4_zpsgincyns7.png

US Oil was bullish yesterday as it touched a high of 48.19 towards the end of the trading session. US Oil is moving in a bearish tone and is now trading below its 100day SMA of 43.70 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 46.90

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

Support is at 46.61 while Resistance is at 48.73 and 48.97

24th Aug 2016 – 06:47AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note:Β 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

FxGrow Daily Technical Analysis – 25th Aug, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSDH4_zpsklytffpz.png

EURUSD was bearish yesterday as it touched a low of 1.1245 and remained weak towards the end of the trading session. Euro is moving in a mild bullish tone and is now trading above its 100day SMA of 1.1199 in the Asian trading session.Β The near term bias is Neutral to Bullish with targets of 1.1350

MACD (12, 26), ADX (14), MA100Β indicate a BUY; RSI (14) is Neutral; STOCHRSI (14) is Oversold; while Average True Range (14) indicates Less Volatility.

Support is at 1.1244 while Resistance is at 1.1355 and 1.1358

25th Aug 2016 – 06:05AM (UTC)

GBPUSD
GBPUSDH4_zpshkxcxjol.png

GBPUSD was bullish yesterday as it touched a high of 1.3273 and remained firm towards the end of the trading session. Cable is moving in a mild bullish tone having touched an intraday high of 1.3261 today and is now trading above its 100day SMA of 1.3104 in the Asian trading session.Β The near term bias is Bullish with targets of 1.3300

RSI (14), STOCH (9, 6), STOCHRSI (14), MACD (12, 26), CCI (14), ROC, MA100Β indicate a BUY; while Average True Range (14) indicates Less Volatility.

Support is at 1.3119 while Resistance is at 1.3273 and 1.3291

25th Aug 2016 – 06:10AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note:Β 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

FxGrow Daily Technical Analysis – 25th Aug, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSDH4_zpsnm7zq55q.png

AUDUSD was indecisive yesterday as it touched a low of 0.7588 and a high of 0.7633 towards the end of the trading session. Aussie is moving in a mild bullish tone today and is now trading just below its 100day SMA of 0.7633 in the Asian trading session.Β The near term bias is Neutral to Bullish with targets of 0.7675

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

Support is at 0.7594 while Resistance is at 0.7640 and 0.7668

25th Aug 2016 – 06:13AM (UTC)

USDJPY
USDJPYH4_zpspf4xkc3f.png

USDJPY was bullish yesterday as it touched a high of 100.60 and remained firm towards the end of the trading session. Dollar-Yen is moving in a mild bullish tone as it touched an intraday high of 100.61 and is now trading above its 100day SMA of 101.33 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 99.80

MACD (12, 26), Ultimate Oscillator, ROC, MA100Β indicate a SELL; RSI (14), ADX (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range indicates Less Volatility.

Support is at 100.11 while Resistance is at 100.80 and 102.65

25th Aug 2016 – 06:21AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note:Β 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

FxGrow Daily Technical Analysis – 25th Aug, 2016
By FxGrow Research & Analysis Team

XAUUSD[Gold]
XAUUSDH4_zps5nouqtd7.png

XAUUSD was bearish yesterday as it touched a low of 1323.78 and remained weak towards the end of the trading session. Gold is moving in a consolidation phase today and is now trading below its 100day SMA of 1350.01 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 1315

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

Support is at 1315.76 while Resistance is at 1330.45 and 1333.85

25th Aug 2016 – 06:35AM (UTC)

XAGUSD[silver]
XAGUSDH4_zpsabakqkcg.png

XAGUSD was bearish yesterday as it touched a low of 18.53 and remained weak towards the end of the trading session. Silver is moving in a consolidation phase today and is now trading below its 100day SMA of 19.84 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 18.40

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

Support is at 18.48 while Resistance is at 18.70 and 19.22

25th Aug 2016 – 06:38AM (UTC)

USOil.cfd
USOilcfdH4_zpstmlhdpk7.png

US Oil was bearish yesterday as it touched a low of 46.43 and remained weak towards the end of the trading session. US Oil is moving in a consolidation phase today and is now trading above its 100day SMA of 43.91 in the Asian trading session.Β The near term bias is Neutral to Bearish with targets of 46.25

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

Support is at 46.43 while Resistance is at 47.07 and 48.97

25th Aug 2016 – 06:44AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note:Β 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

FxGrow Daily Technical Analysis – 26th Aug, 2016
By FxGrow Research & Analysis Team

EURUSD
EURUSDH4_zpsytwotht0.png

EURUSD was bullish yesterday as it touched a high of 1.1297 and remained firm towards the end of the trading session. Euro is moving in a mild bullish tone as it touched an intraday high of 1.1306 and is now trading above its 100day SMA of 1.1209 in the Asian trading session.Β The near term bias is Neutral to Bullish with targets of 1.1350

STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator, MA100Β indicate a BUY; RSI (14), CCI (14) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 1.1244 while Resistance is at 1.1326 and 1.1355

26th Aug 2016 – 07:10AM (UTC)

GBPUSD
GBPUSDH4_zpspczjr95i.png

GBPUSD was indecisive yesterday as it touched a high of 1.3261 and a low of 1.3168 towards the end of the trading session. Cable is moving in a bullish tone today and is now trading above its 100day SMA of 1.3105 in the Asian trading session.Β The near term bias is Bullish with targets of 1.3300

RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), CCI (14), ROC, MA100Β indicate a BUY; while Average True Range (14) indicates Less Volatility.

Support is at 1.3184 while Resistance is at 1.3248 and 1.3273

26th Aug 2016 – 07:18AM (UTC)

For more in depth Research & Analysis please visit FxGrow.

Note:Β 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

FxGrow Daily Technical Analysis – 26th Aug, 2016
By FxGrow Research & Analysis Team

AUDUSD
AUDUSDH4_zpsqfhaz3mz.png

AUDUSD was indecisive yesterday as it touched a high of 0.7637 and a low of 0.7601 towards the end of the trading session. Aussie is moving in a bullish tone as it touched an intraday high of 0.7646 today and is now trading just below its 100day SMA of 0.7639 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 0.7680

ADX (14), CCI (14), MA200 indicate a BUY; RSI (14), STOCH (9, 6) is Neutral; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.

Support is at 0.7583 while Resistance is at 0.7676 and 0.7722

26th Aug 2016 – 07:23AM (UTC)

USDJPY
USDJPYH4_zpscmqrzxn3.png

USDJPY was indecisive yesterday as it touched a high of 100.61 and a low of 100.30 towards the end of the trading session. Dollar-Yen is moving in a zigzag pattern as it touched an intraday high of 100.61 and is now trading below its 100day SMA of 101.12 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 100.75

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

Support is at 100.09 while Resistance is at 100.68 and 102.65

26th Aug 2016 – 07:32AM (UTC)

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 26th Aug, 2016
By FxGrow Research & Analysis Team

XAUUSD[Gold]
XAUUSDH4_zps4oqmnjot.png

XAUUSD was bearish yesterday as it touched a low of 1317.97 and remained weak towards the end of the trading session. Gold is moving in a consolidation phase today and is now trading below its 100day SMA of 1349.08 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 1310

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

Support is at 1317.97 while Resistance is at 1328.35 and 1331.95

26th Aug 2016 – 07:37AM (UTC)

XAGUSD[silver]
XAGUSDH4_zps1rl4u4gw.png

XAGUSD was indecisive yesterday as it touched a low of 18.48 and a high of 18.66 towards the end of the trading session. Silver is moving in a consolidation phase today and is now trading below its 100day SMA of 19.75 in the Asian trading session. The near term bias is Neutral to Bearish with targets of 18.40

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

Support is at 18.31 while Resistance is at 18.71 and 18.83

26th Aug 2016 – 07:46AM (UTC)

USOil.cfd
USOilcfdH4_zpsp2sypbdk.png

US Oil was indecisive yesterday as it touched a low of 46.43 and a high of 47.36 towards the end of the trading session. US Oil is moving in a consolidation phase today and is now trading above its 100day SMA of 44.20 in the Asian trading session. The near term bias is Neutral to Bullish with targets of 48.00

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

Support is at 46.40 while Resistance is at 47.91 and 48.73

26th Aug 2016 – 07:54AM (UTC)

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 31st Aug, 2016
By FxGrow Research & Analysis Team

Silver is signaling a downturn after a corrective wave

Silver traded yesterday between 18.80 and 18.35 range.

Weekly pivot is 18.72, price was below it most of the time which indicates a more and more downward trend.

Support points at H4 chart: S1 18.63, S2 is 18.50, S3 is 18.35

Resistance points at H4 chart: R1 18.75, R2 18.85, R3 18.95

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 02nd Sept, 2016
By FxGrow Research & Analysis Team

The EURUSD rose ahead of US payroll

EURUSD_as_zpsacrex5cp.png

The EURUSD turned higher and traded at 1.1208 high this morning above the 23.6% Fibonacci Expansion ahead of US employment change report. Weak US payroll today will open the door for euro fresh rebounds especially as it breaks the 100 days moving average 1.1215 to pave its way toward 1.1237 and 1.1266.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 02nd Sept, 2016
By FxGrow Research & Analysis Team

The British pound surged higher after strong manufacturing PMI

gbpusd_zpsevdsmcfr.png

GBPUSD received a positive shock yesterday at 9:30 GMT that created a bullish rise to break 1.3300 zone.

The BritishΒ  manufacturing PMI yesterday came above expectation scoring 53.3 where forecast was expected to be at 49.1. This caused a positive shock in the market creating a bullish rise reaching 1.3317.

Then made a short drop as the rebound clear its way and trading near 1.3270 at these moments. It is expected the GBP will trade between 1.3233 & 1.3316.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 05th Sept, 2016
By FxGrow Research & Analysis Team

German index Dax

Dax9-51_zps49vrnkdv.png

Dax Weekly pivot : 10627

The German Index Dax opened this morning at low 10700 and made a high of 10753.

Right now, the spot price is trading at 9am GMT 10720. The trend is upward, with resistance levels R1 at 10738, and R2 10805, if the Dax exceeded R2, the spot might trigger third resistance R3 10842.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 06th Sept, 2016
By FxGrow Research & Analysis Team

AUDUSD NOURISHED THIS MORNING AFTER THE PRESS RELEASE BY THE RESERVE BANK OF AUSTRALIA

AUDUSD6-9_zpss3hiaydi.png

AT 5:30 AM GMT, Glenn Stevens, Governor of Monetary Policy, decided to leave cash rate unchanged at 1.5%. The RBA rate statement was more hawkish than expected leaving the AUD in a continuous bullish rise since then. The AUDUSD started climbing from 0.7580 and still at the moment 7 AM GMT at 0.7628.

H4 Pivot 0.7620

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 06th Sept, 2016
By FxGrow Research & Analysis Team

The Japanese yen loses ground after kuroda comments

uSDjpy_zpsienig09b.png

The yen was near one month low against the dollar and the USDJPY is now steadied around 103.55 as Kuroda acknowledges to expand stimulus. The USDJPY gained traction after Kuroda's speech on Monday signaling that the BOJ is going to expand the massive stimulus programme at its next meeting on September 20, and breaking 103.75 will pave its way toward 104.05 and 104.55.
Β 
Alternatively, BOJ might kept monetary policy steady given that the benefit of stimulus was preaching and cutting the strong support 103.00 will continue its bearish wave toward 102.80 and 102.50 respectively.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 06th Sept, 2016
By FxGrow Research & Analysis Team

Gold is till struggling on Tuesday but continues to rise in a poor range

2d7arly.jpg

Gold is till struggling on Tuesday but continues to rise in a poor range.Β  Gold Friday's high was 1330.01, today's highest was 1329.77 10 AM GMT, which gives a hint of continuous rise today till 3 PM GMT where there are crucial news on USD.Β  The Institute for Supply Management PMI will set a new course for gold trend. Right now the expected scenario for gold is to trade between 1328.30 and first resistance R1 1333.27, above that the price will trigger to the R2 at 1336.34, and constantly R3 1341.16.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 07th Sept, 2016
By FxGrow Research & Analysis Team

OIL IS RISING, U.S ECONOMY IS NOT PLAYING UP TO EXPECTATIONS

Crudeoil7-9_zpswkxn3fyl.png

Yesterday, crude oil shifted opposite into an upward trend when The U.S FED were put in a tough position yesterday releasing a press release summarized by this conclusion: The U.S economy is not playing up to expectations. At 3 PM GMT, oil rallied from 43.97 reaching a high 45.20 and expected to climb the ladder later today.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 07th Sept, 2016
By FxGrow Research & Analysis Team

USDCAD DROPPING FOR A THIRD CONSECUTIVE DAY

USDCAD7-9_zpsliythmyz.png

For the third consecutive day, USDCAD still dropping reaching it's lowest price since 12 days 1.2833 which suggest a downward trend this day according to charts and numbers. The focus today is at the BOC Rate Statement meeting press release, then Friday's meeting on Canadian Employment reports. In general, the Canadian trend is in the vague until the press release which will set a new course either more down and opposite shift upward.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 08th Sept, 2016
By FxGrow Research & Analysis Team

Fibo level index is moving slightly bullish ahead of Draghi ECB press release

EURUSD8-9_zpsk3yerhmk.png

Fibo level index is moving slightly bullish ahead of the Draghi ECB announcement today. EURUSD clocked intraday highs around 1.1257 which is the highestΒ  since 29th of August 1.1206 allowing the EURUSD to catch a breath and it's expected to rise later on today.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 08th Sept, 2016
By FxGrow Research & Analysis Team

Silver is still climbing for the 11th consecutive day breaking all expectations

XAGUSD8-9_zpsqist9cng.png

XAGUSD is still climbing for the 11th consecutive day since 22th August and clocked 20.131 yesterday. Numbers and charts suggest a continuous bullish rise since 1 AM GMT this morning. Right now, silver is trading at 19.90 and expected to reach the first resistance R1 at 20.03.

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.

Link to comment
Share on other sites

FxGrow Daily Technical Analysis – 09th Sept, 2016
By FxGrow Research & Analysis Team

The Canadian Dollar started a bullish trend since yesterday at 10:00 AM GMT

USDCAD9-9_zpsann9qfd9.png

The Canadian Dollar started a bullish trend yesterday at 10:00 AM GMT and clocked a high 1.293 ( R1) since 6th of August a high of 1.2933. Although the two numbers seem to be close but the indication is different. Since the first resistanceΒ  is at 1.2937, the behavior of the trend is expected to continue in an uprise trend.

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.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • πŸ‘ Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businessesΒ on their journey to strike GOLD.Β πŸ’°πŸΎπŸ‘

    πŸ‘© Want to make money online?Β 
    πŸ’Ό Represent a company?Β 

‴️-Paid Ad- TGF approve this banner. Add your banner here.πŸ”₯

Γ—
Γ—
  • Create New...