Search results

FxGrow Daily Technical Analysis – 08th Jan, 2018 By FxGrow Research & Analysis Team EUR/USD Plunges at 10-EMA Over Recovering U.S Dollar EUR/USD dipped on Morning trading session to 1.1976 flirting with 10-EMA (1.1980) successfully with a re-bounce after four consolidation sessions last week...

FxGrow Daily Technical Analysis – 08th Jan, 2018 By FxGrow Research & Analysis Team Gold And EUR/USD technical Overview Ahead of NFP Gold inaugurated Friday trading session with almost $7 losses after peeking to 1323.43 high as a correction with expectations for more upward action in the...

FxGrow Daily Technical Analysis – 28th Dec, 2017 By FxGrow Research & Analysis Team Gold Bulls Overtake DXY Bears, 1300+? An impressive rally for gold with 568 pips, $56.80, since 12 of Dec after plunging to 1236.55 low. On the other hand, the U.S dollar bears are still in action clocking...

FxGrow Daily Technical Analysis – 22nd Dec, 2017 By FxGrow Research & Analysis Team EUR/USD Dips Over Spain's Political Uncertainty, Eyes On U.S Data EUR/USD received a punch on Friday's trading sessions as Catalan's referendum taking major headlines news with increasing pace through media. As...

FxGrow Daily Technical Analysis – 22nd Dec, 2017 By FxGrow Research & Analysis Team GBP/USD: Still Struggling To Break The 1.3400 Handle Ahead of UK Data GBP/USD still trading dull through the week with failure to close above 1.3400 level, trading flat with consolidation congestion. The pair...

FxGrow Daily Technical Analysis – 21st Dec, 2017 By FxGrow Research & Analysis Team Gold Shows Bearish Pattern Ahead of U.S GDP Data Gold extended recovery through the week, rallying from 1252.85 low on Monday and clocking 1268.35 high on Thursday, overall $15.50 as an upward correction after...

FxGrow Daily Technical Analysis – 20th Dec, 2017 By FxGrow Research & Analysis Team Crude Oil Inches Higher As API Report Shows A Drop in U.S Inventories Crude oil inaugurated Monday's trading session with clocking 57.86 high and has been trading cautious-flat since Monday. Yesterday, API...

FxGrow Daily Technical Analysis – 20th Dec, 2017 By FxGrow Research & Analysis Team GBP/USD Extends Consolidation Sessions, Looking for Cues By Carney GBP/USD edged up on Asian trading session with 1.3400 high but failed to press forward and dipped to 1.3374 low, currently trading 1.3388...

FxGrow Daily Technical Analysis – 19th Dec, 2017 By FxGrow Research & Analysis Team GBP/USD Intraday: continuation of the rebound. Pivot: 1.3360 Our preference: long positions above 1.3360 with targets at 1.3420 & 1.3445 in extension. Alternative scenario: below 1.3360 look for further downside...

FxGrow Daily Technical Analysis – 14th Dec, 2017 By FxGrow Research & Analysis Team Gold Initiated Upward Correction With Potential of a Trend Reversal, Eyes on U.S Data After Last week's major break for the sideways congestion, gold plunged to five months fresh-lows at 1236.55 on Tuesday...

FxGrow Daily Technical Analysis – 14th Dec, 2017 By FxGrow Research & Analysis Team GBP/USD Rallies As Market Undigested FOMC Statement, Eyes on MPC Vote GBP/USD made a reverse turn yesterday and rallied 118-pips after clocking 1.3428 high as market was anticipating a hike by the Feds as a...

FxGrow Daily Technical Analysis – 13th Dec, 2017 By FxGrow Research & Analysis Team CFDs Technical Overview With a Priced in Hike By the Feds Most markets are highly anticipating a hike today by the U.S Fed with 0.25% basis to initial 1.25%. Analysts are supporting the rate hike decision...

FxGrow Daily Technical Analysis – 12th Dec, 2017 By FxGrow Research & Analysis Team EUR/USD Trading Flat Ahead of Zew Sentiment And U.S PPI EUR/USD has been trading flat since Monday with low price, 28-pips and 1.1788 high. On technical level, the pair is still sold off with daily downtrend...

FxGrow Daily Technical Analysis – 11th Dec, 2017 By FxGrow Research & Analysis Team GBP/USD Inching Higher Ahead of UK's Inflation Report GBP/USD inaugurated Monday's trading session with bulls in action clocking 1.3427 high and 1.3366 low. The cable took a massive punch on Friday after...

NEW SPECIAL OFFER:ULTRA-LOW& FIXED SPREADS ON CFDS CFDs on Futures now with ultra low FIXED spreads At Fxgrow you can trade CFDs world’s most popular commodities and precious metals with lowest industry spreads that you can now chose to be FIXED! GOLD/GC : 10 cents DOW/DM: 1PIP CRUDE...

FxGrow Daily Technical Analysis – 08th Dec, 2017 By FxGrow Research & Analysis Team Britain and EU Strike Brexit Deal, EUR and GBP Up? The EU and UK managed finally to reach a deal and move forward with Brexit as major news sources has just headlined as a breaking news. As a result...

FxGrow Daily Technical Analysis – 07th Dec, 2017 By FxGrow Research & Analysis Team EUR/USD: Downside Action More Likable Ahead of Draghi Speech EUR/USD has entered the fourth cosolodation session with choppy sideways trading. The pair has failed to stay above 1.1800 (10-EMA) level since...

FxGrow Daily Technical Analysis – 06th Dec, 2017 By FxGrow Research & Analysis Team Gold Breaks The Pennant After Long Consolidation Sessions After sixty consolidation session where gold was fluctuating between 70s and 90s levels, gold has finally broke the pennant that has been confined...

FxGrow Daily Technical Analysis – 27th Nov, 2017 By FxGrow Research & Analysis Team GBP/USD Intraday: continuation of the rebound. Pivot: 1.3305 Our preference: long positions above 1.3305 with targets at 1.3360 & 1.3375 in extension. Alternative scenario: below 1.3305 look for further downside...

FxGrow Daily Technical Analysis – 24th Nov, 2017 By FxGrow Research & Analysis Team GBP/USD Intraday: intraday support around 1.3280. Pivot: 1.3280 Our preference: long positions above 1.3280 with targets at 1.3315 & 1.3335 in extension. Alternative scenario: below 1.3280 look for further...