Page 23 of 67 FirstFirst ... 13212223242533 ... LastLast
Results 221 to 230 of 670
 0 Attachment(s)    

Thread: Daily Technical Analysis by FxGrow

  1. #221
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    EURUSD - the highest since 1,5 months

    EURUSD continues it's upward movement. In last few days there was a shallow correction and today price break above last few days highs. Since October 30 EURUSD wasn't so high (1.1058 level was tested). Currently price keeping up above 1.1000 level. Next target for bulls is 1.1120 level there are resistance and 61,8 Fibonacci level of last downward movement. There will be a huge volatility during tomorrows FOMC meeting. First will be FOMC decision about rate hikes and second a press conference of Janet Yellen (FED's chief).

    It is likely that first reaction on EURUSD will be different than the right one that appears later. It is worth to follow the event on Wednesday evening, and certainly you shouldn't leave at that moment open position "without a care". Nearest supports if descents will back: 1.0990, 1.0930, 1.0860, 1.0810, 1.0685, 1.0630.



    For more in depth Research & Analysis please visit FxGrow.

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

  2. #222
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    USDCHF reached to strong support and Fibonacci 61,8% level

    Last analysis USDCHF from November 20 gave profit more than 300 pips, I wrote: "Since a month there is a dynamic upward movement without any bigger correction. Currently price reached to resistance and that level should bring declines or maybe even a deeper correction".

    Rebound was very dynamically however it may approach to the end. Currently USDCHF reached to Fibonacci 61,8% level of last upward movement and this level is reinforced by strong support. It is likely that price will move upward and strength of this rebound will show direction of further movement. Swiss SNB maintains that CHF is currently overvalued and will do everything to weaken the CHF. This should give new downward impuls on USDCHF. Nearest supports: 0.9790, 0.9590, 0.9470, 0.9300. But if price will back to uptrend nearest resistances are at levels: 0.9940, 1.0090.



    For more in depth Research & Analysis please visit FxGrow.

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

  3. #223
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    GBPNZD - after 4 months of declines rebound is likely

    Since the beginning of this year to August GBPNZD gain almost 25%. In August there was a correction that lasts until today. Currently there is a great moment to rebound. Price reached to Fibonacci 50% level of previous upward movement. That level is strengthened by supports formed in 2010 and 2011. If price will rebound, it could back to this year's high. Resistances are at levels: 2.2660, 2.3000, 2.3500, 2.4000, 2.4520.

    However if bulls fails, target for bears are located at levels: 2.1570 (Fibonacci 61,8% and support), area 2.0800. In that last area there is Fibonacci 78,6%, support and equal length of the current correction AB = CD. If there won't be rebound before that level that last area is strongest level to stop falls.



    For more in depth Research & Analysis please visit FxGrow.

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

  4. #224
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    GBPUSD - supply is not giving up

    Last GBPUSD analysis from October 2 gave 250 pips profit. I showed important support which should rebound and targets for that move. I wrote: "if rebound occurs, the next resistances will be at: 1.5120, 1.5240, 1.5370". In fact after rebound price at Friday reached 1.5239 level and declines returned.

    GBPUSD moves in a downward trend. It is confirmed by blue dotted line on the chart. Today support at 1.5000 was tested. Next supports are located at levels: 1.4870, 1.4740. Today we are waiting for the most important event of the month (or maybe of the year), which can be first rates hike in USA. It's impossible to predict what will be the reaction of the market because that information should be already priced in. If price rebound again nearest resistance is at 1.5120. However more important will be break above 1.5240 level. It should allow bigger upward movement.



    For more in depth Research & Analysis please visit FxGrow.

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

  5. #225
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    AUDJPY - upward movement in uptrend channel

    As markets expected on Wednesday evening there was a lot of volatility, and all tis due to the FED decision about interest rates. Finally there was no surprise and FED announced first rates hike since 9 years. Volatility was high just after the announcement however movement was two-sided. There wasn't so much unpredictable movements like after ECB event, which was in early December.

    Beside EURUSD high volality was also at AUDJPY. During yesterday's event there were an attempt of broke above resistance at 88.100. For 6 hours price remained above that level and declines were back. Currently price broke again that resistance and upward movement should be continued.





    Situation looks Clearly on AUDJPY at daily time-frame.

    After sudden drop which was at August 24 (and broke below support at 89.250) price gains in value. New higher high and higher low are established. The movement took a form of uptrend channel. At any time, it may be an attack on the indicated resistance and it is likely that it will be successfully. The nearest resistances: 88.560, 89.250, 90.600. Important support 86.500.



    For more in depth Research & Analysis please visit FxGrow.

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

  6. #226
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    CADJPY - breakout of support confirmed by a re-test

    In previous analysis from December 8 entitled "on its way to support at 88.90" I wrote that after breaking 90.70 level, falls will test 88.90 level. That in fact happened, but supply didn't stop the pressure at that level and last Friday support was broken. Until yesterday there was a rebound which ended today and price already returned to declines.

    Currently situation looks very bad for demand side. Upward movement which we saw this week was just a re-test of new resistance. It is likely that declines will become a further direction. Only return above 88.90 level could change declining sentiment on CADJPY. The nearest support can be found at: 87.40, and another in the area 85.00. Resistances are at levels: 88.90, 90.70



    For more in depth Research & Analysis please visit FxGrow.

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

  7. #227
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    NZDCAD - upward rally is coming to an end?

    Since a month NZDCAD moves in a one direction. It is an upward impulse. In that period price gain 800 pips. Volatility of NZDCAD is huge, so it is likely that it will change direction and same dynamic movement will begin in the opposite direction. In last days there were attempts of breaking above resistance at 0.9350 which so far failed. Stronger resistance is 100 pips higher at 0.9450 it is strengthened by Fibonacci 88,6% of earlier downward movement.

    December's monthly candle is historically extremely long which may mean that potential for further upward movement is running out. These 800 pips was carried out without correction. Nearest resistances: 0.9350, 0.9450, nearest supports 0.9320, 0.9180, 0.9040.



    For more in depth Research & Analysis please visit FxGrow.

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

  8. #228
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    USDJPY - high volatility after BoJ announcement

    Perturbation after Bank of Japan event caused huge volatility at JPY currency pairs. BoJ surprised investors with its decision to allocate 300 billion yen for the ETFs investing primarily in companies from the Nikkei400 index. Just after that decision there were contradictory informations about the activities of the bank which resulted in higher volatility.

    Yesterday USDJPY returned inside the consolidation in which it moved since November 7. Short after BoJ announcement price tested upper limit of consolidation and dynamic falls broke below support at 122.25 level. It is likely that declines will be continued. Targets for supply are at levels: 120.80, 118.80.



    For more in depth Research & Analysis please visit FxGrow.

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

  9. #229
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    AUDNZD - high volatility and trouble with identifying direction

    From June to October 2015 AUDNZD moved in consolidation between levels 1.1390 - 1.0920. After breaking below the lower limit of the channel, declines stopped at 1.0500. At that support there were a dynamic rebound which led price back to the consolidation. Joy of demand was too early and after 14 days AUDNZD broke below lower limit of the channel again.

    Currently falls reached support at 1.0580, after it breaks, supply will have to deal with 6-months low at 1.0500. Another supports are at levels: 1.0370, 1.0290, 1.0190, 1.0040. If rebound occurs, important level which should cause trend reversal is 1.1300. After it breaks, price will finish the head and shoulders pattern forming since 2 years. It is a trend reversal formation. The nearest resistances are at levels: 1.0760, 1.0880, 1.1070.



    For more in depth Research & Analysis please visit FxGrow.

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

  10. #230
    Senior Member FxGrow Support's Avatar
    Join Date
    May 2015
    Location
    Cyprus
    Posts
    749

    Default

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

    EURPLN - rebound from important resistance, falls targeting 4.1000

    Confusion after polish election in Poland led to depreciation of the Polish currency. EURPLN reached strong resistance at 4.3000 level. Rebound from that level occurred last week and was so dynamic that also the uptrend line was broken. In 5 days falls of 1400 pips and currently reached to the support area of 4.2400. That support is also strengthened by Fibonacci 50% of last upward movement. This should induce corrective rebound, after which falls could be continued. After break below that level the nearest support is located at: 4.2100, and the main target for supply is at 4.1000 level.

    Since 4 years EURPLN moves in the regression channel. Upper and lower limits of that channel have been constantly tested: 4.3000 and 4.1000. Right now there is nothing which could indicate that this consolidation in coming to an end.



    For more in depth Research & Analysis please visit FxGrow.

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

Similar Threads

  1. Daily Market Analysis by FxGrow
    By FxGrow Support in forum Fundamentals
    Replies: 67
    Last Post: 09-29-2015, 07:32
  2. Daily Technical Analysis by PipSafe
    By PipSafe in forum Technical analysis
    Replies: 165
    Last Post: 04-14-2015, 19:20
  3. MAYZUS Daily Technical Analysis
    By MAYZUS.Neeraj in forum Technical analysis
    Replies: 69
    Last Post: 05-19-2014, 07:47
  4. Daily Technical Analysis
    By dailyfxanalysis in forum Technical analysis
    Replies: 0
    Last Post: 04-22-2013, 05:14
  5. Daily Technical Analysis for Majors
    By FxTT in forum Technical analysis
    Replies: 0
    Last Post: 03-11-2012, 21:50

Tags for this Thread

adx, analysis, atr, average, channel, divergence, fxgrow, index, information, macd, moving average, rsi, simple, sma, stoch, stochastic, support, technical analysis, time, trading

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •