Usd/Jpy : 11/06/2014 ( Risky Entry ) Technical Analysis Report
11th June 2014
CFX Admin
Our Preference: Long position above 102.20 with target of 102.50 stoploss 102.90
Alternative Scenario: Nill Upto Today closing
Technical Commentary: On daily chart its forming Symmetrical triangle ,so we can except it will trade between the upper resistance line and lower support line
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Gbp Usd : 11/06/2014 ( Risky Entry ) Technical Analysis Report
11th June 2014
CFX Admin
Our Preference: Buy@ 1.6735 with target of 1.6770 & 1.6800.
Alternative Scenario: Nill Upto closing below the lower trend line
Technical Commentary: Its reached safely to the key supports levels ,
On daily chart Gbpusd trading in triangle pattern and it testing lower Trend Line,so we can except it will bounce back again to upper channel line.
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Eur/Usd : 11/06/2014 Technical Analysis Report
11th June 2014
CFX Admin
Our Preference: Long Positions Above 1.3560 with target of 1.3670 & 1.3700 in extension
Alternative Scenario: Nill Upto Today closing
Technical Commentary: In weekly chart it formed like as Hammer Patter, so we can buy above the key resistance levels 1.3560
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AudUsd : 10/06/2014 Technical Analysis Report
10th June 2014
CFX Admin
Our Preference: Short Position Below 0.9370 with target of 0.9340 & 0.9320 in extension,
Alternative Scenario: Long Position above 0.9400 level Keep stoploss Below 0.9360 Levels
Technical Commentary: According to daily chart its trading in upper trend line and key resistance levels.
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EurJpy : 10/06/2014 Technical Analysis Report
10th June 2014
CFX Admin
Our Preference: Short Position Below 139.40 with target of 139.00 & 138.60 in extension,
Alternative Scenario: Long Position above 140 level Keep stoploss Below 139.50
Technical Commentary: On 4 hour chart its trading in lower trend line and key resistance for formed at the area of 140.00 levels.
Our subscribers are receive new FOREX SIGNALS for (Eur/Jpy)