NZDUSD analysis for 23.09.2016

NZDUSD is chiefly under the influence of RBNZ decision regarding the rates.
The support rests in 0.72550 with resistance at 0.72990 which both lines are above the monthly pivot point 0.72380. The EMA of 10 is moving with bearish bias and has already reached the EMA of 100. The RSI is moving below the 50 level, the MACD indicator is neutral territory and the Stochastic is moving in its minimum range.
The price growth may continue targeting 0.7400.

nzdusd
Source: fxglory

AUDUSD analysis for 22.09.2016

AUDUSD is chiefly under the influence of oil prices.
The support rests in 0.76170 with resistance at 0.76530 which both lines are above the weekly pivot point at 0.75000. The EMA of 10 is moving with bullish bias along the ascendant channel and it has crossed the EMA of 100. The RSI is moving in overbought area, above the 50 level, the MACD indicator is positive territory and the Stochastic is moving horizontally in high ranges.
Long positions are recommended with the target at 0.7650.

audusd
Source: fxglory

EURUSD analysis for 22.09.2016

EURUSD had a sharp growth towards 1.12 area and this pair is under the influence of the Fed’s decision.
The support rests at 1.11430 with resistance at 1.12450 which the weekly pivot point at 1.11920 is staying in between the lines. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100. The RSI is moving towards the overbought area, the Stochastic is showing upward momentum and the MACD indicator is in negative territory.
The pair will continue its upward trend targeting 1.1250.

eurusd
Source: fxglory

GBPUSD analysis for 22.09.2016

In spite of the positive reports in UK, GBP is losing power against the USD.
The support rests at 1.30210 with resistance at 1.30730 which both lines are above the weekly pivot point at 1.31130. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100. The RSI is moving on the 50 level, the Stochastic has reached its maximum rate and it is showing upward momentum and the MACD indicator is in negative territory heading up.
In terms of the price fall, sellers can target 1.2870 otherwise the pair will grow to 1.31 area. It all depends on Today’s Fed’s meeting.

gbpusd
Source: fxglory

EURUSD analysis for 21.09.2016

USD is still losing power and the traders are paying attention to the BoJ and Fed meetings.
The support rests at 1.11050 with resistance at 1.11690 which both lines are below the weekly pivot point at 1.11920. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100. The RSI is moving in oversold area but it is getting close to the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory.
The chart seems bullish at the moment, traders can target the resistance zone breakout for now.

eurusd
Source: fxglory

GBPUSD analysis for 21.09.2016

GBP is losing power against the weak dollar.
The support rests at 1.29100 with resistance at 1.30300 which both lines are above the weekly pivot point at 1.31130. The EMA of 10 is moving with bearish bias along the descendant channel and it is located below the EMA of 100. The RSI is moving below the 50 level, the Stochastic has reached its minimum rate and it is showing upward momentum and the MACD indicator is in negative territory.
Short positions are recommended with the target at 1.2870.

gbpusd
Source: fxglory

USDJPY analysis for 21.09.2016

JPY is staying neutral while impacted by the the US Federal Reserve and the Bank of Japan.
The support rests at 101.480 with resistance at 103.180 which the weekly pivot point at 102.340 is staying in between lines. The EMA of 10 is moving with bullish bias and it is reaching the EMA of 100. The RSI is falling sharply on the 50 level, the Stochastic is moving in its maximum rate and the MACD indicator is in neutral territory.
The support level breakthrough will smooth the way for further decline targeting 101.0 area, otherwise it will grow to 103.50.

usdjpy
Source: fxglory

EURUSD analysis for 20.09.2016

In spite of the fact that the positive U.S. statistics supported USD, this currency is getting weak.
The support rests at 1.11620 with resistance at 1.11840 which both lines are below the weekly pivot point at 1.11920. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100. The RSI is moving in oversold area, the Stochastic is showing downward momentum and the MACD indicator is in negative territory.
There is no clear signal for this pair at the moment however we believe it will be fluctuating around the support and resistance area.

eurusd
Source: fxglory

NZDUSD analysis for 20.09.2016

The oil price is supporting NZDUSD.
The support rests in 0.72930 with resistance at 0.73410 which both lines are above the weekly pivot point 0.72870. The EMA of 10 is moving with bullish bias and has already reached the EMA of 100. The RSI is moving above the 50 level, the MACD indicator is neutral territory and the Stochastic is showing upward momentum.
Long positions are recommended with the target at 0.7350.

nzdusd
Source: fxglory

USDJPY analysis for 20.09.2016

USD is getting weak due to the Fed and BoE’s meetings this Wednesday.
The support rests at 101.540 with resistance at 102.180 which both lines are below the weekly pivot point at 102.340. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100. The RSI is moving below the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory.
The pair will fluctuate horizontally in a choppy manner at this point.

usdjpy
Source: fxglory