While USD is being supported due to the Yellen’s speech, despite the positive reports in the UK, GBP is losing power. The support rests at 1.29360 with resistance at 1.29840 which both lines are below the monthly pivot point at 1.31240. 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 is showing downward momentum and is moving in its minimum rates and the MACD indicator is in negative territory. The pair will start its growth soon targeting 1.3060.

https://fxglory.com/gbpusd-analysis-for-30-09-2016/

## Friday, September 30, 2016

### AUDUSD analysis for 30.09.2016

AUDUSD is chiefly under the influence of Yellen’s speech and the OPEC agreement on oil. The support rests in 0.75990 with resistance at 0.76560 which both lines are above the weekly pivot point at 0.75840. The EMA of 10 is moving with bearish bias along the descendant channel and it is located above the EMA of 100. The RSI is moving below the 50 level, the MACD indicator is positive territory heading down and the Stochastic is moving horizontally in its low ranges. Despite the pair’s bearish pattern, the reversal pattern will start soon targeting 0.7700.

https://fxglory.com/audusd-analysis-for-30-09-2016/

https://fxglory.com/audusd-analysis-for-30-09-2016/

### EURUSD analysis for 30.09.2016

EUR is getting weak due to the Unemployment Change report in Germany. The support rests at 1.11990 with resistance at 1.12310 which the weekly pivot point at 1.12040 is located in between the lines. The EMA of 10 is moving with bearish bias falling down within the descendant channel towards the EMA of 100. The RSI is moving below the 50 area, the Stochastic is moving in low ranges showing downward momentum and the MACD indicator is in positive territory heading down. Sellers can target 1.1150 before the pair starts its growth.

https://fxglory.com/eurusd-analysis-for-30-09-2016/

https://fxglory.com/eurusd-analysis-for-30-09-2016/

## Thursday, September 29, 2016

### USDJPY analysis for 29.09.2016

USD gained power after the election debates. The support rests at 100.740 with resistance at 102.000 which the weekly pivot point at 101.260 is staying in between lines. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100. The RSI is growing towards the overbought area, the Stochastic is moving in its high ranges and the MACD indicator is in negative territory heading up. The pair seems bullish at the moment targeting 101.8 area, otherwise it will fall towards 100 area.

https://fxglory.com/usdjpy-analysis-for-29-09-2016/

https://fxglory.com/usdjpy-analysis-for-29-09-2016/

### USDCAD analysis for 29.09.2016

USDCAD had a sharp decline yesterday but today it is growing up again. The pair is finding support at 1.3039 with resistance at 1.30970 which both lines are below the weekly pivot point at 1.31370. The EMA of 10 is moving with bearish bias and it is getting close to the EMA of 100. The RSI is moving below the 50 level, the MACD indicator is in positive territory heading down and the Stochastic is moving in its minimum rate. The pair is creating a correction pattern, it might grow to the resistance area.

https://fxglory.com/usdcad-analysis-for-29-09-2016/

https://fxglory.com/usdcad-analysis-for-29-09-2016/

### EURUSD analysis for 29.09.2016

EUR is chiefly under the influence of Eurozone economy state. The support rests at 1.12140 with resistance at 1.12420 which both lines are above the weekly pivot point at 1.12040. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100. The RSI is falling down on the 50 area, the Stochastic is moving in its high ranges and the MACD indicator is in positive territory. In terms of the support level breakthrough the price may not fall lower than 1.1150 however considering the price growth the pair will target 1.1250 area.

https://fxglory.com/eurusd-analysis-for-29-09-2016/

https://fxglory.com/eurusd-analysis-for-29-09-2016/

## Wednesday, September 28, 2016

### NZDUSD analysis for 28.09.2016

NZDUSD had a sharp decline today. The support rests in 0.72410 with resistance at 0.73100 which the weekly pivot point at 0.72600 is located in between the lines. 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 MACD indicator is neutral territory and the Stochastic is showing downward momentum. The chart seems bearish at the moment, the next target will be 0.7220.

https://fxglory.com/nzdusd-analysis-for-28-09-2016/

https://fxglory.com/nzdusd-analysis-for-28-09-2016/

### USDJPY analysis for 28.09.2016

Yen gained momentum after Haruhiko Kuroda’s comments. The support rests at 100.380 with resistance at 100.840 which both lines are below the weekly pivot point at 101.260. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100. The RSI is moving close the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. Short positions are recommended targeting 100.00.

https://fxglory.com/usdjpy-analysis-for-28-09-2016/

https://fxglory.com/usdjpy-analysis-for-28-09-2016/

### EURUSD analysis for 28.09.2016

EURUSD is still under the influence of the Fed’s decision leaving the rates unchanged. The support rests at 1.11930 with resistance at 1.12290 which the weekly pivot point at 1.12040 is located in between the lines. The EMA of 10 is moving with bearish bias falling down towards the EMA of 100. The RSI is moving below the 50 area, the Stochastic is moving in low ranges and the MACD indicator is in positive territory heading down. Short positions are recommended with the target at 1.1150.

https://fxglory.com/eurusd-analysis-for-28-09-2016/

https://fxglory.com/eurusd-analysis-for-28-09-2016/

## Tuesday, September 27, 2016

### EURUSD analysis for 27.09.2016

EUR is being supported due to the strong German economic reports. The support rests at 1.12350 with resistance at 1.12550 which both lines are above the weekly pivot point at 1.12040. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100. The RSI is moving above the 50 area, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. Long positions are recommended with target at 1.1300.

https://fxglory.com/eurusd-analysis-for-27-09-2016/

https://fxglory.com/eurusd-analysis-for-27-09-2016/

### AUDUSD analysis for 27.09.2016

AUDUSD is chiefly under the influence of oil prices. The support rests in 0.76020 with resistance at 0.76980 which both lines are above the weekly pivot point at 0.75840. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located above 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 its high ranges. The 0.7698 level seems to be a strong resistance area, pullback can occur at anytime soon targeting 0.7540.

https://fxglory.com/audusd-analysis-for-27-09-2016/

https://fxglory.com/audusd-analysis-for-27-09-2016/

### GBPUSD analysis for 27.09.2016

GBPUSD is under the influence of Fed’s decision and U.S. Presidential Debates. The support rests at 1.29260 with resistance at 1.30140 which both lines are below the weekly pivot point at 1.31240. 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 is showing downward momentum and the MACD indicator is in negative territory. Short positions are recommended with the target at 1.2900.

https://fxglory.com/gbpusd-analysis-for-27-09-2016/

https://fxglory.com/gbpusd-analysis-for-27-09-2016/

## Monday, September 26, 2016

### USDJPY analysis for 26.09.2016

USDJPY is under the influence of Fed and BoJ’s announcements. The support rests at 100.480 with resistance at 101.530 which the weekly pivot point at 101.260 is staying in between lines. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100. The RSI is falling sharply below the 50 level, the Stochastic is showing downward momentum and the MACD indicator is in negative territory. The pair is falling down targeting 99.5 area at the moment.

https://fxglory.com/usdjpy-analysis-for-26-09-2016/

https://fxglory.com/usdjpy-analysis-for-26-09-2016/

### EURUSD analysis for 26.09.2016

EURUSD is under the influence of German Manufacturing PMI from Markit. The support rests at 1.12170 with resistance at 1.12430 which both lines are above the weekly pivot point at 1.12040. The EMA of 10 is moving with bullish bias and it is crossing the EMA of 100. The RSI is moving above the 50 area, the Stochastic is moving in its high ranges and the MACD indicator is in positive territory. The chart is showing a bullish pattern, buyers can target 1.3000.

https://fxglory.com/eurusd-analysis-for-26-09-2016/

https://fxglory.com/eurusd-analysis-for-26-09-2016/

### USDCAD analysis for 26.09.2016

USDCAD is under pressure as the oil price is falling down and the USD is being supported. The pair is finding support at 1.31420 with resistance at 1.32020 which both lines are above the weekly pivot point at 1.31370. The EMA of 10 is moving with bullish bias and it has crossed the EMA of 100. The RSI is moving above the 50 level and the MACD indicator is in negative territory heading up however the Stochastic is moving in its maximum rate. Buyers can target 1.3200 area otherwise the pair will drop to 1.3000.

https://fxglory.com/usdcad-analysis-for-26-09-2016/

https://fxglory.com/usdcad-analysis-for-26-09-2016/

## Friday, September 23, 2016

### 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.

https://fxglory.com/nzdusd-analysis-for-23-09-2016/

https://fxglory.com/nzdusd-analysis-for-23-09-2016/

### GBPUSD analysis for 23.09.2016

As USD is getting weak, GBP is becoming an attractive asset. The support rests at 1.30100 with resistance at 1.30840 which both lines are below the weekly pivot point at 1.31130. 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 downward momentum and the MACD indicator is in negative territory heading up. The pair may continue its downward trend heading towards the support area however, it won’t grow further than 1.3100.

https://fxglory.com/gbpusd-analysis-for-23-09-2016/

https://fxglory.com/gbpusd-analysis-for-23-09-2016/

### EURUSD analysis for 23.09.2016

As Fed decided to leave the rates unchanged, USD is losing its strength. The support rests at 1.11840 with resistance at 1.12160 which the weekly pivot point at 1.11920 is located in between the lines. The EMA of 10 is moving horizontally close to the EMA of 100. The RSI is moving on the 50, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. The chart seems bearish at the moment, sellers are targeting 1.1150.

https://fxglory.com/eurusd-analysis-for-23-09-2016/

https://fxglory.com/eurusd-analysis-for-23-09-2016/

## Thursday, September 22, 2016

### 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.

https://fxglory.com/gbpusd-analysis-for-22-09-2016/

https://fxglory.com/gbpusd-analysis-for-22-09-2016/

### 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.

https://fxglory.com/eurusd-analysis-for-22-09-2016/

https://fxglory.com/eurusd-analysis-for-22-09-2016/

### 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.

https://fxglory.com/audusd-analysis-for-22-09-2016/

https://fxglory.com/audusd-analysis-for-22-09-2016/

## Wednesday, September 21, 2016

### 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.

https://fxglory.com/usdjpy-analysis-for-21-09-2016/

https://fxglory.com/usdjpy-analysis-for-21-09-2016/

### GBPUSD 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.

https://fxglory.com/gbpusd-analysis-for-21-09-2016/

https://fxglory.com/gbpusd-analysis-for-21-09-2016/

### 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.

https://fxglory.com/eurusd-analysis-for-21-09-2016/

https://fxglory.com/eurusd-analysis-for-21-09-2016/

## Tuesday, September 20, 2016

### 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.

https://fxglory.com/eurusd-analysis-for-20-09-2016/

https://fxglory.com/eurusd-analysis-for-20-09-2016/

### 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.

https://fxglory.com/nzdusd-analysis-for-20-09-2016/

https://fxglory.com/nzdusd-analysis-for-20-09-2016/

### 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.

https://fxglory.com/usdjpy-analysis-for-20-09-2016/

https://fxglory.com/usdjpy-analysis-for-20-09-2016/

### AUDUSD analysis for 19.09.2016

AUDUSD is chiefly under the influence of strong U.S. statistics and oil prices. The support rests in 0.74500 with resistance at 0.75550 which the weekly pivot point is located in between at 0.75000. The EMA of 10 is moving with bullish bias below the EMA of 100. The RSI is moving above the 50 level, the MACD indicator is negative territory heading up and the Stochastic is moving upward momentum. The pair looks bearish at the moment while 0.75 seems to be a strong resistance area therefore short positions are recommended with the target at 0.7460.

https://fxglory.com/audusd-analysis-for-19-09-2016/

https://fxglory.com/audusd-analysis-for-19-09-2016/

### EURUSD analysis for 19.09.2016

EURUSD is under the influence of U.S. consumer price index. The support rests at 1.11420 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 has crossed the EMA of 100. The RSI is moving in oversold area, the Stochastic is showing upward momentum and the MACD indicator is in negative territory heading down. Sellers can open their positions and target 1.1130 area.

https://fxglory.com/eurusd-analysis-for-19-09-2016/

https://fxglory.com/eurusd-analysis-for-19-09-2016/

### GBPUSD analysis for 19.09.2016

After the sharp decline on Friday, today GBPUSD is moving with bullish bias. The support rests at 1.29740 with resistance at 1.30640 which both lines are below the weekly pivot point at 1.31130. The EMA of 10 is moving with bearish bias along the descendant channel and it is located above the EMA of 100. The RSI is moving on oversold area, the Stochastic has reached its minimum rate and it is showing upward momentum and the MACD indicator is in negative territory. The pair may rise to 1.31 area to create its correction pattern.

https://fxglory.com/gbpusd-analysis-for-19-09-2016/

https://fxglory.com/gbpusd-analysis-for-19-09-2016/

## Friday, September 16, 2016

### EURUSD analysis for 16.09.2016

EURUSD is under the influence of retail sales report, weak statistics in the EU and The USA Initial Jobless Claims report. The support rests at 1.12320 with resistance at 1.12480 which both lines are above the monthly pivot point at 1.11890. The EMA of 10 is moving with bearish bias and it is getting close to the EMA of 100. The RSI is moving horizontally in 50 level area, the Stochastic is showing downward momentum and the MACD indicator is in neutral territory. Short positions are recommended targeting 1.1200.

https://fxglory.com/eurusd-analysis-for-16-09-2016/

https://fxglory.com/eurusd-analysis-for-16-09-2016/

### USDCAD analysis for 16.09.2016

As the oil price decreased, CAD is losing its strength against USD. The pair is finding support at 1.31320 with resistance at 1.31740 which both lines are above the weekly pivot point at 1.29730. The EMA of 10 is moving with bearish bias and it is located above the EMA of 100. The RSI is moving above the 50 level and the MACD indicator is in positive territory heading down however the Stochastic is moving in minimum ranges indicating price fall. In terms of the support level breakthrough traders can target 1.3100 otherwise the pair will grow to 1.32 area.

https://fxglory.com/usdcad-analysis-for-16-09-2016/

https://fxglory.com/usdcad-analysis-for-16-09-2016/

### USDJPY analysis for 16.09.2016

Due to the weak US statistics, Yen is gaining momentum. This pair will be under the influence of BoJ and the Fed’s meeting the next week The support rests at 101.780 with resistance at 102.260 which both lines are below the weekly pivot point at 102.660. The EMA of 10 is moving with bearish bias and it is crossing the EMA of 100. The RSI is moving below the 50 level, the Stochastic is moving in its minimum rate and the MACD indicator is in neutral territory. Long positions are recommended targeting 102.50.

https://fxglory.com/usdjpy-analysis-for-16-09-2016/

https://fxglory.com/usdjpy-analysis-for-16-09-2016/

## Thursday, September 15, 2016

### USDJPY analysis for 15.09.2016

As BoJ is easing its monetary policy, JPY is getting weak. The support rests at 101.720 with resistance at 102.780 and the weekly pivot point is located below the resistance zone at 102.660. The EMA of 10 is moving with bearish bias and it is located above EMA of 100. The RSI is moving on the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in neutral territory. Long positions ae recommended with the target at 104.50.

https://fxglory.com/usdjpy-analysis-for-15-09-2016/

https://fxglory.com/usdjpy-analysis-for-15-09-2016/

### EURUSD analysis for 15.09.2016

EURUSD is chiefly under the influence of Industrial Production report in the Eurozone. Now the support rests at 1.12280 with resistance at 1.12580 which both lines are above the monthly pivot point at 1.11890. The EMA of 10 is moving with bearish bias above the EMA of 100. The RSI is moving on the 50 level, the MACD indicator is in neutral territory and the Stochastic is showing downward momentum. While sellers are waiting for the 1.11 area, the might be a price growth soon targeting 1.1270.

https://fxglory.com/eurusd-analysis-for-15-09-2016/

https://fxglory.com/eurusd-analysis-for-15-09-2016/

## Friday, September 9, 2016

### GBPUSD analysis for 09.09.2016

GBPUSD is under the influence of Manufacturing Production report and Governor Carney’s speech. The support rests at 1.32960 with resistance at 1.33500 which both lines are above the weekly pivot point at 1.32330. The EMA of 10 is moving with bearish bias along the descendant channel and it is located above the EMA of 100. The RSI is moving on 50 level, the Stochastic has reached its minimum rate and it is showing upward momentum and the MACD indicator is in positive territory heading down. Long positions are recommended with the target at 1.3400.

https://fxglory.com/gbpusd-analysis-for-09-09-2016/

https://fxglory.com/gbpusd-analysis-for-09-09-2016/

### USDJPY analysis for 09.09.2016

USDJPY is under the influence of revised GDP report in Japan. The support rests at 101.790 with resistance at 102.410 which both lines are below the weekly pivot point at 103.320. The EMA of 10 is moving with bullish bias and it is getting close to the EMA of 100. The RSI is moving below the 50 level, the Stochastic is showing downward momentum and it has reached its maximum rate and the MACD indicator is in negative territory heading up. Buyers can target 102.50 area.

https://fxglory.com/usdjpy-analysis-for-09-09-2016/

https://fxglory.com/usdjpy-analysis-for-09-09-2016/

### AUDUSD analysis for 09.09.2016

AUDUSD analysis for 09.09.2016AUDUSD is under the influence of Australian Bureau of Statistics. The support rests in 0.76250 with resistance at 0.76630 which both lines are above the weekly pivot point 0.75580. The EMA of 10 is moving with bearish bias above the EMA of 100. The RSI has dropped to 50 level and is moving horizontally, the MACD indicator is positive territory heading down and the Stochastic is moving in its minimum rate. The pair seems bearish at the moment, it may fall towards the support area.

https://fxglory.com/audusd-analysis-for-09-09-2016/

https://fxglory.com/audusd-analysis-for-09-09-2016/

## Thursday, September 8, 2016

### EURUSD analysis for 08.09.2016

After the sudden growth, EURUSD is fluctuating within the support and resistance area. The support rests at 1.12380 with resistance at 1.12620 which both lines are above the weekly pivot point at 1.11750. The EMA of 10 is moving with bullish bias and it has already crossed the EMA of 100. The RSI is moving horizontally in overbought area, the Stochastic is showing upward momentum and the MACD indicator is in positive territory heading up. The chart seems bullish at the moment, buyers can target 1.1270.

https://fxglory.com/eurusd-analysis-for-08-09-2016/

https://fxglory.com/eurusd-analysis-for-08-09-2016/

### USDCAD analysis for 08.09.2016

USDCAD is under the influence of the oil prices growth and the BoC meeting results. The pair is finding support at 1.28610 with resistance at 1.28810 which both lines are below the weekly pivot point at 1.30370. 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 and the MACD indicator is in negative territory however the Stochastic is moving in high ranges indicating price fall. The pair may reach 1.29 area but it would go back to 1.28 area again.

https://fxglory.com/usdcad-analysis-for-08-09-2016/

https://fxglory.com/usdcad-analysis-for-08-09-2016/

### USDJPY analysis for 08.09.2016

USDJPY is under the influence of Foreign Reserves report and the less possibility of policy softening in September. This pair is moving with bearish bias creating a correction pattern after the growth to 104 area. The support rests at 101.230 with resistance at 101.930 which both lines are below the weekly pivot point at 103.320. 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 heading down. The bearish pattern still continues, short positions are recommended with the target at 100.40.

https://fxglory.com/usdjpy-analysis-for-08-09-2016/

https://fxglory.com/usdjpy-analysis-for-08-09-2016/

## Wednesday, September 7, 2016

### GBPUSD analysis for 07.09.2016

GBPUSD is under the influence of Services PMI and the U.S Non-Manufacturing PMI on Tuesday. The support rests at 1.33920 with resistance at 1.34320 which both lines are above the weekly pivot point at 1.32330. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located above the EMA of 100. The RSI is moving above the 50 level in the over-bought area, the Stochastic has reached its maximum rate and the MACD indicator is in positive territory showing the price growth. The pair may not rise further so short positions are recommended with the target at 1.3360.

https://fxglory.com/gbpusd-analysis-for-07-09-2016/

https://fxglory.com/gbpusd-analysis-for-07-09-2016/

### EURUSD analysis for 07.09.2016

Non-Manufacturing PMI weakened USD and caused a sudden growth of EURUSD. The support rests at 1.12230 with resistance at 1.12710 which both lines are above the weekly pivot point at 1.11750. The EMA of 10 is moving with bullish bias and it has already crossed the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving on its maximum rate and the MACD indicator is in neutral territory heading up. The resistance breakout will support the price growth towards 1.1350 however the support level breakthrough will smooth the way for further decline targeting 1.1130.

https://fxglory.com/eurusd-analysis-for-07-09-2016/

https://fxglory.com/eurusd-analysis-for-07-09-2016/

### NZDUSD analysis for 07.09.2016

After the sudden rise yesterday there was a pullback but the pair continued its growth again. The support rests in 0.73800 with resistance at 0.74600 which both lines are above the weekly pivot point 0.72840. The EMA of 10 is moving with bullish bias above the EMA of 100. The RSI is moving above the 50 level, close to the overbought area, the MACD indicator is positive territory and the Stochastic is moving in its maximum rate. The support level breakdown will be a good sell opportunity targeting 0.7200 otherwise long positions are recommended at this point.

https://fxglory.com/nzdusd-analysis-for-07-09-2016/

https://fxglory.com/nzdusd-analysis-for-07-09-2016/

## Tuesday, September 6, 2016

### EURUSD analysis for 06.09.2016

EURUSD is getting weak due to the Non Farm Payroll report. The support rests at 1.11310 with resistance at 1.11650 which both lines are below the weekly pivot point at 1.11750. The EMA of 10 is moving with bearish bias and it is located below the EMA of 100. The RSI is going up towards the 50 area, the Stochastic is moving on its minimum rate and the MACD indicator is in negative territory heading down. Short positions are recommended targeting the support area.

https://fxglory.com/eurusd-analysis-for-06-09-2016/

https://fxglory.com/eurusd-analysis-for-06-09-2016/

### GBPUSD analysis for 06.09.2016

While USD is losing its power, GBP is being supported due to the Service PMI. The support rests at 1.32950 with resistance at 1.33370 which both lines are above the weekly pivot point at 1.32330. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located above the EMA of 100. The RSI is moving above the 50 area, the Stochastic is showing upward momentum and the MACD indicator is in positive territory showing the price growth. Long positions are recommended targeting 1.3360.

https://fxglory.com/gbpusd-analysis-for-06-09-2016/

https://fxglory.com/gbpusd-analysis-for-06-09-2016/

### AUDUSD analysis for 06.09.2016

AUD was supported due to the Company Gross Operating Profits report. The pair is finding support at 0.75810 with resistance at 0.76590 which both lines are above the weekly pivot point at 0.75580. The EMA of 10 is moving with bullish bias and it has reached the EMA of 100. The RSI is above the 50 level in the overbought area and the MACD indicator is in positive territory heading upward; the Stochastic is reaching its maximum rate and it is showing upward momentum. The pair will continue its growth targeting 0.7600.

https://fxglory.com/audusd-analysis-for-06-09-2016/

https://fxglory.com/audusd-analysis-for-06-09-2016/

## Monday, September 5, 2016

### EURUSD analysis for 05.09.2016

USD is losing its power due to the U.S payrolls report. EURUSD is also under the influence of labour market report as well. The support rests at 1.11500 with resistance at 1.11860. The price is moving on the weekly pivot point at 1.11750. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100. The RSI is moving below the 50 area, the Stochastic reached its minimum rate and is showing upward momentum and the MACD indicator is in negative territory. Bearish trend is more likely at the moment targeting 1.113 area.

https://fxglory.com/eurusd-analysis-for-05-09-2016/

https://fxglory.com/eurusd-analysis-for-05-09-2016/

### USDJPY analysis for 05.09.2016

USDJPY is chiefly under the influence of US monthly jobs report. This pair is moving with bearish bias creating a correction pattern after the growth to 104 area. The support rests at 103.160 with resistance at 104.240 which both lines are above the monthly pivot point at 102.150. The EMA of 10 is moving with bearish bias and it is located above the EMA of 100. The RSI is falling down towards the 50 area, the Stochastic is showing downward momentum and the MACD indicator is in positive territory heading down. Sellers can target the support level for their short positions at the moment.

https://fxglory.com/usdjpy-analysis-for-05-09-2016/

https://fxglory.com/usdjpy-analysis-for-05-09-2016/

### - NZDUSD analysis for 05.09.2016

NZDUSD is under the influence of Non-Farm payrolls report. The support rests in 0.72850 with resistance at 0.73610 which both lines are above the monthly pivot point 0.72380. The EMA of 10 is moving with bullish bias above the EMA of 100. The RSI is moving above the 50 level, close to the over-bought area, the MACD indicator is positive territory and the Stochastic is showing upward momentum. Long positions are recommended with the target at 0.7320.

https://fxglory.com/nzdusd-analysis-for-05-09-2016/

https://fxglory.com/nzdusd-analysis-for-05-09-2016/

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