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

AUDUSD

AUDUSD08July15_zpsm0hir5ky.png

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

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

Support is at 0.7384 while Resistance is at 0.7432

08th July 2015 – 06:30hrs GMT


USDJPY

USDJPY08July15_zpsgifchonx.png

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

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

Support is at 121.85 while Resistance is at 122.45

08th July2015 – 06:34hrs GMT

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.

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Daily Technical Analysis – 09th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD09July15_zpsmdnyxqhc.png

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

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

Support is at 1.1065 while Resistance is at 1.1131

09th July 2015 – 06:25hrs GMT


GBPUSD

GBPUSD09July15_zpsbgigafvw.png

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

STOCH (9, 6) is Neutral; RSI (14), ADX (14), Ultimate Oscillator, ROC indicate a BUY; STOCHRSI (14) is Overbought; while Average True Range (14) indicates Less Volatility.
Support is at 1.5351 while Resistance is at 1.5450

09th July 2015 – 06:30hrs GMT

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.

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Daily Technical Analysis – 09th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD09July15_zpspnpjmaal.png

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

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

Support is at 0.7371 while Resistance is at 0.7516

09th July 2015 – 06:37hrs GMT


USDJPY

USDJPY09July15_zps7hrquusp.png

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

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

Support is at 120.41 while Resistance is at 121.94

09th July2015 – 06:42hrs GMT

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.

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Daily Technical Analysis – 10th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD10July15_zpsg7cws9qq.png

EURUSD was indecisive yesterday as it touched a low of 1.0990 and then moved upwards at the end of the trading session. Now the pair is trading above its 20day moving average of 1.1114 in the European trading session. The near term bias remains Bullish with targets of 1.1160 to 1.1180

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

Support is at 1.1061 while Resistance is at 1.1172

10th July 2015 – 06:52hrs GMT


GBPUSD

GBPUSD10July15_zps1wt4xyl9.png

GBPUSD was indecisive yesterday as it touched a high of 1.5418 and a low of 1.5342 towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5383 in the European trading session. The near term bias remains Bullish with targets of 1.5450

STOCH (9, 6), RSI (14), 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 1.5343 while Resistance is at 1.5420

10th July 2015 – 06:57hrs 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.

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Daily Technical Analysis – 10th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD10July15_zpstkofoj5d.png

AUDUSD was mildly bullish yesterday as it touched a high of 0.7490 but then it came down towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7458 in the European trading session.  The near term bias remains Bullish with targets of 0.7500

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

Support is at 0.7449 while Resistance is at 0.7495

10th July 2015 – 07:01hrs GMT


USDJPY

USDJPY10July15_zpsszseris5.png

USDJPY was bullish yesterday and maintained its up tone towards the end of the trading session. Now it is trading below its 20day moving average of 121.88 in the European trading session. The near term bias remains Bullish with targets of 122.50

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

Support is at 120.50 while Resistance is at 121.97

10th July2015 – 07:05hrs 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.

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

EURUSD

EURUSD13July15_zpsjls2v4yk.png

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

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

Support is at 1.1065 while Resistance is at 1.1151

13th July 2015 – 07:51hrs GMT


GBPUSD

GBPUSD13July15_zpsenxjrwwf.png

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

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

Support is at 1.5420 while Resistance is at 1.5616

13th July 2015 – 07:38hrs GMT

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.

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

AUDUSD

AUDUSD13July15_zpsv5avnowl.png

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

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

Support is at 0.7409 while Resistance is at 0.7462

13th July 2015 – 07:46hrs GMT


USDJPY

USDJPY13July15_zpsh4tkrnta.png

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

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

Support is at 122.45 while Resistance is at 123.31

13th July2015 – 07:59hrs GMT

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.

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

EURUSD

EURUSD14July15_zps0owveu3u.png

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

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

Support is at 1.0969 while Resistance is at 1.1131

14th July 2015 – 07:28hrs GMT


GBPUSD

GBPUSD14July15_zpsw2m3u4hn.png

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

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

Support is at 1.5423 while Resistance is at 1.5507

14th July 2015 – 07:33hrs GMT

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.

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

AUDUSD

AUDUSD14July15_zpsqb0tsbyy.png

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

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

Support is at 0.7392 while Resistance is at 0.7449

14th July 2015 – 07:57hrs GMT


USDJPY

USDJPY14July15_zps5eiw7ta5.png

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

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

Support is at 122.45 while Resistance is at 123.64

14th July2015 – 08:02hrs GMT

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.

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

EURUSD

EURUSD15July15_zpsoc7oeird.png

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

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

Support is at 1.0965 while Resistance is at 1.1076

15th July 2015 – 07:42hrs GMT


GBPUSD

GBPUSD15July15_zpsckagopno.png

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

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

Support is at 1.5497 while Resistance is at 1.5672

15th July 2015 – 07:48hrs GMT

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.

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

AUDUSD

AUDUSD15July15_zpsr2wbokss.png

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

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

Support is at 0.7449 while Resistance is at 0.7488

15th July 2015 – 07:58hrs GMT


USDJPY

USDJPY15July15_zpszeplgpyk.png

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

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

Support is at 123.22 while Resistance is at 123.73

15th July2015 – 08:02hrs GMT

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.

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Daily Technical Analysis – 16th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD16July15_zps7h4afv9j.png

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

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

Support is at 1.0916 while Resistance is at 1.0969

16th July 2015 – 07:23hrs GMT


GBPUSD

GBPUSD16July15_zpsfyps3ybv.png

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

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

Support is at 1.5602 while Resistance is at 1.5675

16th July 2015 – 07:27hrs GMT

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.

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Daily Technical Analysis – 16th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD16July15_zpsd3jeejfo.png

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

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

Support is at 0.7326 while Resistance is at 0.7434

16th July 2015 – 07:32hrs GMT


USDJPY

USDJPY16July15_zpsxlxlobno.png

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

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

Support is at 123.64 while Resistance is at 123.97

16th July2015 – 07:36hrs GMT

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.

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Daily Technical Analysis – 17th July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD17July15_zpsx3jziyy8.png

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

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

Support is at 1.0855 while Resistance is at 1.0965

17th July 2015 – 07:01hrs GMT


GBPUSD

GBPUSD17July15_zps5qlsqvdi.png

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

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

Support is at 1.5602 while Resistance is at 1.5716

17th July 2015 – 07:04hrs GMT

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.

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Daily Technical Analysis – 17th July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD17July15_zps2woibxzp.png

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

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

Support is at 0.7349 while Resistance is at 0.7437

17th July 2015 – 07:11hrs GMT


USDJPY

USDJPY17July15_zpsxctdgskv.png

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

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

Support is at 123.73 while Resistance is at 124.23

17th July2015 – 07:14hrs GMT

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.

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

EURUSD

EURUSD20July15_zpsxft109yy.png

EURUSD had a bearish trend last week and opened this week lower touching a low of 1.0820 in the Asian trading session. Now the pair is trading above its 20day moving average of 1.0840 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.0910

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

Support is at 1.0820 while Resistance is at 1.0906

20th July 2015 – 07:21hrs GMT


GBPUSD

GBPUSD20July15_zps9veghal9.png

GBPUSD had a bullish trend last week and opened this week flat. Now the pair is trading above its 20day moving average of 1.5604 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.5700

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

Support is at 1.5589 while Resistance is at 1.5675

20th July 2015 – 07:26hrs 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.

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

AUDUSD

AUDUSD20July15_zps2fr9auwd.png

AUDUSD was indecisive last week and opened the week lower touching a low of 0.7326 in the Asian trading session. Now the pair is above its 20day moving average of 0.7371 in the European trading session.  The near term bias remains Neutral to Bullish with targets of 0.7430

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

Support is at 0.7334 while Resistance is at 0.7404

20th July 2015 – 07:34hrs GMT


USDJPY

USDJPY20July15_zpsrpxkrmjz.png

USDJPY was bullish last week and opened the week at 124.03 today. Now the pair is trading below its 20day moving average of 124.10 in the European trading session. The near term bias remains Neutral to Bullish with targets of 124.70

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

Support is at 123.91 while Resistance is at 124.19

20th July2015 – 07:41hrs 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.

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

EURUSD

EURUSD21July15_zpsn2sp7h13.png

EURUSD was indecisive yesterday as it touched a high of 1.0866 and a low of 1.0815 remaining weak towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.0833 in the European trading session. The near term bias remains Bullish with targets of 1.0900

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

Support is at 1.0820 while Resistance is at 1.0864

21st July 2015 – 08:45hrs GMT


GBPUSD

GBPUSD21July15_zpsk0hnxgkq.png

GBPUSD was indecisive yesterday as it touched a high of 1.5625 and a low of 1.5537 remaining weak towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5569 in the European trading session. The near term bias remains Neutral to Bearish with targets of 1.5500

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

Support is at 1.5538 while Resistance is at 1.5588

21st July 2015 – 08:53hrs 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.

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

AUDUSD

AUDUSD21July15_zpsbmbpq1s1.png

AUDUSD was bearish yesterday as it touched a low of 0.7340 remaining weak towards the end of the trading session. Now the pair is trading just above its 20day moving average of 0.7368 in the European trading session.  The near term bias remains Neutral to Bearish with targets of 0.7300

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

Support is at 0.7327 while Resistance is at 0.7383

21st July 2015 – 08:58hrs GMT


USDJPY

USDJPY21July15_zpsc8ngkor4.png

USDJPY was slightly bullish yesterday but did not make any significant moves. Now the pair is trading just below its 20day moving average of 124.33 in the European trading session. The near term bias remains Neutral to Bullish with targets of 124.75

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

Support is at 124.23 while Resistance is at 124.47

21st July2015 – 09:06hrs 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.

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

EURUSD

EURUSD22July15_zps4y9wlfhi.png

EURUSD was bullish yesterday as it touched a high of 1.0967 yesterday and remained firm towards the end of the trading session. Now the pair is trading just above its 20day moving average of 1.0938 in the European trading session. The near term bias remains Neutral to Bullish with targets of 1.1000

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

Support is at 1.0819 while Resistance is at 1.0969

22nd July 2015 – 08:30hrs GMT


GBPUSD

GBPUSD22July15_zpsseqdjmfl.png

GBPUSD was indecisive yesterday and remained in a range bound trading towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5568 in the European trading session. The near term bias remains Bullish with targets of 1.5650

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

Support is at 1.5529 while Resistance is at 1.5650

22nd July 2015 – 08:43hrs 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.

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

AUDUSD

AUDUSD22July15_zpsb7rq6bay.png

AUDUSD was bullish yesterday as it touched a high of 0.7444 remaining strong towards the end of the trading session. Now the pair is trading just below its 20day moving average of 0.7419 in the European trading session.  The near term bias remains Neutral to Bearish with targets of 0.7350

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

Support is at 0.7392 while Resistance is at 0.7449

22nd July 2015 – 09:07hrs GMT


USDJPY

USDJPY22July15_zps5wlbhtez.png

USDJPY was bearish yesterday as it touched a low of 123.77 and remained weak towards the end of the trading session. Now the pair is trading just below its 20day moving average of 123.80 in the European trading session. The near term bias remains Bearish with targets of 123.10

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

Support is at 123.64 while Resistance is at 124.44

22nd July2015 – 09:12hrs 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.

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Daily Technical Analysis – 23rd July, 2015
By FxGrow Research & Analysis Team

EURUSD

EURUSD23July15_zpskgxbafuf.png

EURUSD was indecisive yesterday as it touched a high of 1.0961 and a low of 1.0871 remaining weak towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.0925 in the European trading session. The near term bias remains Bullish with targets of 1.1050

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

Support is at 1.0916 while Resistance is at 1.0991

23rd July 2015 – 07:51hrs GMT


GBPUSD

GBPUSD23July15_zpsitbc0g6r.png

GBPUSD was bullish yesterday as it touched a high of 1.5638 yesterday but came down towards the end of the trading session. Now the pair is trading above its 20day moving average of 1.5619 in the European trading session. The near term bias remains Bullish with targets of 1.5700

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

Support is at 1.5631 while Resistance is at 1.5731

23rd July 2015 – 08:11hrs 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.

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Daily Technical Analysis – 23rd July, 2015
By FxGrow Research & Analysis Team

AUDUSD

AUDUSD23July15_zpsukjtwknp.png

AUDUSD was bearish yesterday as it touched a low of 0.7360 and remained weak towards the end of the trading session. Now the pair is trading above its 20day moving average of 0.7377 in the European trading session.  The near term bias remains Neutral to Bullish with targets of 0.7450

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

Support is at 0.7374 while Resistance is at 0.7456

23rd July 2015 – 08:29hrs GMT


USDJPY

USDJPY23July15_zpsdk2yujlp.png

USDJPY was bullish yesterday as it touched a high of 124.13 and remained strong towards the end of the trading session. Now the pair is trading below its 20day moving average of 124.00 in the European trading session. The near term bias remains Bearish with targets of 123.00

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

Support is at 123.57 while Resistance is at 124.15

23rd July2015 – 08:34hrs 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.

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

EURUSD

EURUSD27July15_zpsolx3bkbx.png

EURUSD was bearish last week and opened the week higher in the early Asian trading session. Now the pair is trading above its 20day moving average of 1.0971 in the Asian trading session. The near term bias remains Bullish with targets of 1.1070

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

Support is at 1.0969 while Resistance is at 1.1017

27th July 2015 – 03:21hrs GMT


GBPUSD

GBPUSD27July15_zpsyqrnqmen.png

GBPUSD was bullish last week and opened the week lower in the early Asian trading session. Now the pair is trading above its 20day moving average of 1.5507 in the Asian trading session. The near term bias remains Neutral to Bullish with targets of 1.5580

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

Support is at 1.5466 while Resistance is at 1.5532

27th July 2015 – 03:25hrs 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.

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

AUDUSD

AUDUSD27July15_zpsd8rw0ayx.png

AUDUSD was bearish last week and opened the week higher in the early Asian trading session. Now the pair is trading above its 20day moving average of 0.7281 in the Asian trading session.  The near term bias remains Neutral to Bullish with targets of 0.7350

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

Support is at 0.7259 while Resistance is at 0.7341

27th July 2015 – 03:29hrs GMT


USDJPY

USDJPY27July15_zpsag9zlwc6.png

USDJPY was bullish last week and opened the week lower in the early Asian trading session. Now the pair is trading below its 20day moving average of 123.79 in the Asian trading session. The near term bias remains Bearish with targets of 123.00

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

Support is at 123.42 while Resistance is at 123.81

27th July2015 – 03:37hrs 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.

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