FxGrow Support Posted August 24, 2016 Author Share Posted August 24, 2016 FxGrow Daily Technical Analysis – 24th Aug, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD 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. The near term bias is Neutral to Bearish with targets of 0.7560RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC, MA100 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 0.772224th Aug 2016 – 06:25AM (UTC)USDJPYUSDJPY 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. The near term bias is Neutral.Support is at 99.54 while Resistance is at 100.68 and 102.6524th Aug 2016 – 06:29AM (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 More sharing options...
FxGrow Support Posted August 24, 2016 Author Share Posted August 24, 2016 FxGrow Daily Technical Analysis – 24th Aug, 2016By FxGrow Research & Analysis TeamXAUUSD[Gold]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. The near term bias is Neutral to Bearish with targets of 1325RSI (14), MACD (12, 26), ADX (14), CCI (14), Ultimate Oscillator, ROC, MA100 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 1346.0524th Aug 2016 – 06:37AM (UTC)XAGUSD[silver]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. The near term bias is Neutral to Bearish with targets of 18.70RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC 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 19.3724th Aug 2016 – 06:42AM (UTC)USOil.cfdUS 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. The near term bias is Neutral to Bearish with targets of 46.90STOCH (9, 6), ADX (14), CCI (14), Ultimate Oscillator, ROC 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 48.9724th Aug 2016 – 06:47AM (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 More sharing options...
FxGrow Support Posted August 25, 2016 Author Share Posted August 25, 2016 FxGrow Daily Technical Analysis – 25th Aug, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD 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. The near term bias is Neutral to Bullish with targets of 1.1350MACD (12, 26), ADX (14), MA100 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 1.135825th Aug 2016 – 06:05AM (UTC)GBPUSDGBPUSD 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. The near term bias is Bullish with targets of 1.3300RSI (14), STOCH (9, 6), STOCHRSI (14), MACD (12, 26), CCI (14), ROC, MA100 indicate a BUY; while Average True Range (14) indicates Less Volatility.Support is at 1.3119 while Resistance is at 1.3273 and 1.329125th Aug 2016 – 06:10AM (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 More sharing options...
FxGrow Support Posted August 25, 2016 Author Share Posted August 25, 2016 FxGrow Daily Technical Analysis – 25th Aug, 2016By FxGrow Research & Analysis TeamAUDUSDAUDUSD 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. The near term bias is Neutral to Bullish with targets of 0.7675ADX (14), CCI (14), Ultimate Oscillator, ROC 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 0.766825th Aug 2016 – 06:13AM (UTC)USDJPYUSDJPY 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. The near term bias is Neutral to Bearish with targets of 99.80MACD (12, 26), Ultimate Oscillator, ROC, MA100 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 102.6525th Aug 2016 – 06:21AM (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 More sharing options...
FxGrow Support Posted August 25, 2016 Author Share Posted August 25, 2016 FxGrow Daily Technical Analysis – 25th Aug, 2016By FxGrow Research & Analysis TeamXAUUSD[Gold]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. The near term bias is Neutral to Bearish with targets of 1315RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC 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 1333.8525th Aug 2016 – 06:35AM (UTC)XAGUSD[silver]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. The near term bias is Neutral to Bearish with targets of 18.40RSI (14), STOCH (9, 6), MACD (12, 26), CCI (14), Ultimate Oscillator, ROC indicate a SELL; while Average True Range (14) indicates Less Volatility.Support is at 18.48 while Resistance is at 18.70 and 19.2225th Aug 2016 – 06:38AM (UTC)USOil.cfdUS 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. The near term bias is Neutral to Bearish with targets of 46.25STOCH (9, 6), ADX (14), CCI (14), Ultimate Oscillator, ROC 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 48.9725th Aug 2016 – 06:44AM (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 More sharing options...
FxGrow Support Posted August 26, 2016 Author Share Posted August 26, 2016 FxGrow Daily Technical Analysis – 26th Aug, 2016By FxGrow Research & Analysis TeamEURUSDEURUSD 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. The near term bias is Neutral to Bullish with targets of 1.1350STOCH (9, 6), MACD (12, 26), ADX (14), Ultimate Oscillator, MA100 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 1.135526th Aug 2016 – 07:10AM (UTC)GBPUSDGBPUSD 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. The near term bias is Bullish with targets of 1.3300RSI (14), STOCHRSI (14), MACD (12, 26), ADX (14), CCI (14), ROC, MA100 indicate a BUY; while Average True Range (14) indicates Less Volatility.Support is at 1.3184 while Resistance is at 1.3248 and 1.327326th Aug 2016 – 07:18AM (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 More sharing options...
FxGrow Support Posted August 26, 2016 Author Share Posted August 26, 2016 FxGrow Daily Technical Analysis – 26th Aug, 2016By FxGrow Research & Analysis Team AUDUSD 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 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 More sharing options...
FxGrow Support Posted August 26, 2016 Author Share Posted August 26, 2016 FxGrow Daily Technical Analysis – 26th Aug, 2016By FxGrow Research & Analysis Team XAUUSD[Gold] 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] 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 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 More sharing options...
FxGrow Support Posted September 1, 2016 Author Share Posted September 1, 2016 FxGrow Daily Technical Analysis – 31st Aug, 2016By 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 More sharing options...
FxGrow Support Posted September 2, 2016 Author Share Posted September 2, 2016 FxGrow Daily Technical Analysis – 02nd Sept, 2016By FxGrow Research & Analysis Team The EURUSD rose ahead of US payroll 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 More sharing options...
FxGrow Support Posted September 2, 2016 Author Share Posted September 2, 2016 FxGrow Daily Technical Analysis – 02nd Sept, 2016By FxGrow Research & Analysis Team The British pound surged higher after strong manufacturing PMI GBPUSD received a positive shock yesterday at 9:30 GMT that created a bullish rise to break 1.3300 zone. The British 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 More sharing options...
FxGrow Support Posted September 5, 2016 Author Share Posted September 5, 2016 FxGrow Daily Technical Analysis – 05th Sept, 2016By FxGrow Research & Analysis Team German index Dax 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 More sharing options...
FxGrow Support Posted September 6, 2016 Author Share Posted September 6, 2016 FxGrow Daily Technical Analysis – 06th Sept, 2016By FxGrow Research & Analysis Team AUDUSD NOURISHED THIS MORNING AFTER THE PRESS RELEASE BY THE RESERVE BANK OF AUSTRALIA 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 More sharing options...
FxGrow Support Posted September 6, 2016 Author Share Posted September 6, 2016 FxGrow Daily Technical Analysis – 06th Sept, 2016By FxGrow Research & Analysis Team The Japanese yen loses ground after kuroda comments 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. 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 More sharing options...
FxGrow Support Posted September 6, 2016 Author Share Posted September 6, 2016 FxGrow Daily Technical Analysis – 06th Sept, 2016By FxGrow Research & Analysis Team Gold is till struggling on Tuesday but continues to rise in a poor range Gold is till struggling on Tuesday but continues to rise in a poor range. 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. 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 More sharing options...
FxGrow Support Posted September 7, 2016 Author Share Posted September 7, 2016 FxGrow Daily Technical Analysis – 07th Sept, 2016By FxGrow Research & Analysis Team OIL IS RISING, U.S ECONOMY IS NOT PLAYING UP TO EXPECTATIONS 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 More sharing options...
FxGrow Support Posted September 7, 2016 Author Share Posted September 7, 2016 FxGrow Daily Technical Analysis – 07th Sept, 2016By FxGrow Research & Analysis Team USDCAD DROPPING FOR A THIRD CONSECUTIVE DAY 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 More sharing options...
FxGrow Support Posted September 8, 2016 Author Share Posted September 8, 2016 FxGrow Daily Technical Analysis – 08th Sept, 2016By FxGrow Research & Analysis Team Fibo level index is moving slightly bullish ahead of Draghi ECB press release Fibo level index is moving slightly bullish ahead of the Draghi ECB announcement today. EURUSD clocked intraday highs around 1.1257 which is the highest 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 More sharing options...
FxGrow Support Posted September 8, 2016 Author Share Posted September 8, 2016 FxGrow Daily Technical Analysis – 08th Sept, 2016By FxGrow Research & Analysis Team Silver is still climbing for the 11th consecutive day breaking all expectations 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 More sharing options...
FxGrow Support Posted September 9, 2016 Author Share Posted September 9, 2016 FxGrow Daily Technical Analysis – 09th Sept, 2016By FxGrow Research & Analysis Team The Canadian Dollar started a bullish trend since yesterday at 10:00 AM GMT 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 resistance 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 More sharing options...
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