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NZDUSD analysis for 30.01.2017

There have been no important economic reports to influence NZDUSD.

The support rests in 0.72300 with resistance at 0.72900 which both lines are above the monthly pivot point at 0.70050. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the MACD indicator is in positive territory and the Stochastic is showing downward momentum. 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.

Long positions are recommended targeting 0.731 area.

https://fxglory.com/nzdusd-analysis-for-30-01-2017/

There have been no important economic reports to influence NZDUSD.

The support rests in 0.72300 with resistance at 0.72900 which both lines are above the monthly pivot point at 0.70050. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the MACD indicator is in positive territory and the Stochastic is showing downward momentum. 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.

Long positions are recommended targeting 0.731 area.

https://fxglory.com/nzdusd-analysis-for-30-01-2017/

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USDJPY analysis for 30.01.2017

The growing USD is putting pressure on JPY.

The support rests at 114.150 with resistance at 114.790 which the weekly pivot point at 114.620 is located in between the lines. The EMA of 10 is moving horizontally and it is above the EMA of 200 and the EMA of 100. The RSI is rising above the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is showing a buy signal.

The pair will continue its bullish trend targeting 116 area.

https://fxglory.com/usdjpy-analysis-for-30-01-2017/

The growing USD is putting pressure on JPY.

The support rests at 114.150 with resistance at 114.790 which the weekly pivot point at 114.620 is located in between the lines. The EMA of 10 is moving horizontally and it is above the EMA of 200 and the EMA of 100. The RSI is rising above the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is showing a buy signal.

The pair will continue its bullish trend targeting 116 area.

https://fxglory.com/usdjpy-analysis-for-30-01-2017/

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EURUSD analysis for 30.01.2017

There have been no important economic reports to influence EURUSD.

The support rests at 1.07130 with resistance at 1.07430 which both lines are above the weekly pivot point at 1.07000. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling close to 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is showing a weak sell signal.

Despite the pair’s bearish tone, it will rise towards 1.0750 area.

https://fxglory.com/eurusd-analysis-for-30-01-2017/

There have been no important economic reports to influence EURUSD.

The support rests at 1.07130 with resistance at 1.07430 which both lines are above the weekly pivot point at 1.07000. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling close to 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is showing a weak sell signal.

Despite the pair’s bearish tone, it will rise towards 1.0750 area.

https://fxglory.com/eurusd-analysis-for-30-01-2017/

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USDCAD analysis for 26.01.2017

CAD is under pressure due to Trump’s plans regarding Keystone XL and oil pipelines.

The pair is finding support at 1.30520 with resistance at 1.30940 which both lines are above the weekly pivot point at 1.32380. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and EMA of 200. The RSI is rising towards the 50 level, the MACD indicator is in negative territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals.

The pair is creating the correction pattern after its decline towards 1.3051 area therefore it will rise towards 1.32 level.

https://fxglory.com/usdcad-analysis-for-26-01-2017/

CAD is under pressure due to Trump’s plans regarding Keystone XL and oil pipelines.

The pair is finding support at 1.30520 with resistance at 1.30940 which both lines are above the weekly pivot point at 1.32380. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100 and EMA of 200. The RSI is rising towards the 50 level, the MACD indicator is in negative territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals.

The pair is creating the correction pattern after its decline towards 1.3051 area therefore it will rise towards 1.32 level.

https://fxglory.com/usdcad-analysis-for-26-01-2017/

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GBPUSD analysis for 26.01.2017

The UK Industrial Trends Survey supported GBP.

The support rests at 1.26170 with resistance at 1.26810 which both lines are above the weekly pivot point at 1.22570. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving overbought area, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signals.

The resistance level breakout will smooth the way for further growth targeting 1.270 otherwise it will decline towards 1.260.

https://fxglory.com/gbpusd-analysis-for-26-01-2017/

The UK Industrial Trends Survey supported GBP.

The support rests at 1.26170 with resistance at 1.26810 which both lines are above the weekly pivot point at 1.22570. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving overbought area, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signals.

The resistance level breakout will smooth the way for further growth targeting 1.270 otherwise it will decline towards 1.260.

https://fxglory.com/gbpusd-analysis-for-26-01-2017/

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EURUSD analysis for 26.01.2017

EUR is losing momentum due to the negative Business Climate in Germany.

The support rests at 1.07350 with resistance at 1.07710 which both lines are above the weekly pivot point at 1.06660. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling close to 50 level, the Stochastic is showing upward momentum and the MACD indicator is in positive territory. The ADX is not showing any clear signals.

Bears are taking the control of the chart therefore short positions are recommended targeting 1.070 area.

https://fxglory.com/eurusd-analysis-for-26-01-2017/

EUR is losing momentum due to the negative Business Climate in Germany.

The support rests at 1.07350 with resistance at 1.07710 which both lines are above the weekly pivot point at 1.06660. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling close to 50 level, the Stochastic is showing upward momentum and the MACD indicator is in positive territory. The ADX is not showing any clear signals.

Bears are taking the control of the chart therefore short positions are recommended targeting 1.070 area.

https://fxglory.com/eurusd-analysis-for-26-01-2017/

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NZDUSD analysis for 25.01.2017

NZD is acting stronger against its American counterpart and it is climbing the ascendant channel.

The support rests in 0.72190 with resistance at 0.72610 which both lines are above the weekly pivot point at 0.71550. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, the MACD indicator is in positive territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals.

The resistance level break out will smooth the way for further growth targeting 0.73 area otherwise, the pair will fall towards 0.7100.

https://fxglory.com/nzdusd-analysis-for-25-01-2017/

NZD is acting stronger against its American counterpart and it is climbing the ascendant channel.

The support rests in 0.72190 with resistance at 0.72610 which both lines are above the weekly pivot point at 0.71550. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, the MACD indicator is in positive territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals.

The resistance level break out will smooth the way for further growth targeting 0.73 area otherwise, the pair will fall towards 0.7100.

https://fxglory.com/nzdusd-analysis-for-25-01-2017/

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USDJPY analysis for 25.01.2017

While Trump’s speech left a negative impact on USD, JPY is being supported by the Manufacturing PMI.

The support rests at 113.250 with resistance at 113.850 which both lines are below the weekly pivot point at 114.240. The EMA of 10 is moving horizontally and it is below the EMA of 200 and the EMA of 100. The RSI is falling below the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in negative territory. The ADX is not showing any clear signals. The price is below 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 targeting 112 area.

https://fxglory.com/usdjpy-analysis-for-25-01-2017/

While Trump’s speech left a negative impact on USD, JPY is being supported by the Manufacturing PMI.

The support rests at 113.250 with resistance at 113.850 which both lines are below the weekly pivot point at 114.240. The EMA of 10 is moving horizontally and it is below the EMA of 200 and the EMA of 100. The RSI is falling below the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in negative territory. The ADX is not showing any clear signals. The price is below 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 targeting 112 area.

https://fxglory.com/usdjpy-analysis-for-25-01-2017/

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EURUSD analysis for 25.01.2017

EUR is being supported by the Manufacturing PMI in Germany but it is losing power due to Services PMI.

The support rests at 1.07060 with resistance at 1.07480 which both lines are above the weekly pivot point at 1.06660. The EMA of 10 is moving with bearish bias but it is above the EMA of 100 and the EMA of 200. The RSI is moving close to 50 level, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is showing a sell signal. The price is falling down within Andrew’s pitchfork.

Bears are controlling the chart therefore sellers can target 61.8 level of Fibonacci retracement at 1.066 area.

https://fxglory.com/eurusd-analysis-for-25-01-2017/

EUR is being supported by the Manufacturing PMI in Germany but it is losing power due to Services PMI.

The support rests at 1.07060 with resistance at 1.07480 which both lines are above the weekly pivot point at 1.06660. The EMA of 10 is moving with bearish bias but it is above the EMA of 100 and the EMA of 200. The RSI is moving close to 50 level, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is showing a sell signal. The price is falling down within Andrew’s pitchfork.

Bears are controlling the chart therefore sellers can target 61.8 level of Fibonacci retracement at 1.066 area.

https://fxglory.com/eurusd-analysis-for-25-01-2017/

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GBPUSD analysis for 24.01.2017

GBP is acting stronger against USD which has been weakened due to the new president’s speech.

The support rests at 1.24920 with resistance at 1.25540 which both lines are above the weekly pivot point at 1.22570. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving overbought area, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signals.

Bears are taking the control of the chart therefore sellers can target the previous high at 1.24 area.

https://fxglory.com/gbpusd-analysis-for-24-01-2017/

GBP is acting stronger against USD which has been weakened due to the new president’s speech.

The support rests at 1.24920 with resistance at 1.25540 which both lines are above the weekly pivot point at 1.22570. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving overbought area, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signals.

Bears are taking the control of the chart therefore sellers can target the previous high at 1.24 area.

https://fxglory.com/gbpusd-analysis-for-24-01-2017/

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