Good Contents Are Everywhere, But Here, We Deliver The Best of The Best.Please Hold on!
Your address will show here +12 34 56 78

The economic data in Eurozone could not support EUR against USD.
The support rests at 1.10280 with resistance at 1.10730 which both lines are below the weekly pivot point at 1.11510. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
EURUSD is remaining in bearish zone therefore short positions are recommended towards 1.09800.

eurusd
Source: fxglory

0

The US will publish Federal Funds Rate, Crude Oil Inventories, Chicago PMI, Employment Cost Index q/q and ADP Non-Farm Employment Change and Canada will release GDP M/M May, GDP Y/Y, Industrial Product Price and Raw Materials Price Index.
The pair is finding support at 1.31100 with resistance at 1.31520 which the weekly pivot point at 1.31360 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving below 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.

Short positions are recommended towards 1.31000.

usdcad
Source: fxglory

3

Yesterday GBP lost its strength against USD and today UK’s Nationwide house price index for July will be released.
The support rests at 1.21350 with resistance at 1.21800 which both lines are below the weekly pivot point at 1.24270. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA 200 and the EMA of 100. The RSI is moving in oversold area and the Stochastic is moving in middle ranges. The MACD line is below the signal line in the negative territory. The ADX is showing sell signal.

Further price decline is probable targeting the lower Bollinger band at 1.20500.

gbpusd
Source: fxglory

3

EUR has been empowered by the strong economic reports in Eurozone.
The support rests at 1.11420 with resistance at 1.11660 which the weekly pivot point at 1.11510 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing clear signals.
It seems that EURUSD is growing up towards EMA of 100 at 1.12000.

eurusd
Source: fxglory

790

Australia has published Building Approvals and the US will release Personal Spending and Consumer Confidence.
The support rests at 0.68770 with resistance at 0.69100 which both lines are below the weekly pivot point at 0.69570. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the MACD line is on the signal line in the neutral territory and the Stochastic is showing downward momentum. The ADX is showing sell signal. The price is below the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a downward trend.

Short positions are recommended towards 0.68500.

audusd
Source: fxglory

0

Japan released the BOJ Policy Rate, Monetary Policy Statement, Prelim Industrial Production m/m and Unemployment Rate while the US will publish Pending Home Sales m/m, CB Consumer Confidence, S&P/CS Composite-20 HPI y/y, Personal Income m/m, Personal Spending m/m and Core PCE Price Index m/m.
The support rests at 108.170 with resistance at 108.790 which the weekly pivot point at 108.400 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
USDJPY is most probably creating a correction pattern towards 61.8 level of Fibonacci but for today sellers can target 38.2 level of Fibonacci at 108.270.

usdjpy
Source: fxglory

0

The Dallas Fed manufacturing business index rose and today there are many economic reports in the US and Eurozone.

The support rests at 1.11230 with resistance at 1.11430 which both lines are below the weekly pivot point at 1.11510. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing clear signals.

EURUSD is trying to consolidate within the support and resistance lines. Crossing the upper Bollinger band will confirm the correction pattern towards 1.11700.

eurusd
Source: fxglory

0

The US economic data is supporting USD while Gold is staying flat.
The support rests at 1412.85 with resistance at 1420.18 which both lines are below the weekly pivot point at 1427.37. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Gold is moving very slowly, while considering pullbacks on the way, long term buyers can target 1430.

gold
Source: fxglory

0

Inflation Rate will be released in Canada and the US will publish FOMC Economic Projections and Existing Home Sales.
The pair is finding support at 1.34400 with resistance at 1.34720 which both lines are above the weekly pivot point at 1.33680. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 1.35.

usdcad
Source: fxglory

276

There is nothing much happening over Brexit but the UK Inflation Rate may not be able to support GBP. USD is showing signs of weakness.
The support rests at 1.26370 with resistance at 1.26910 which both lines are above the weekly pivot point at 1.26080. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, the Stochastic is moving in middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
GBPUSD may grow towards 61.8 level of Fibonacci at 1.275.

gbpusd
Source: fxglory

267

PREVIOUS POSTSPage 2 of 115NEXT POSTS