CFX News : Welcome to Centre Forex Official Website.

Since 2013 We Have Provided More Then 50,000 Pips as Profit - Subscribe and Get Our Live Forex Signals To Your Inbox     All our signals are trusted with reliable, nothing to hide or cheat on our signals , The account are verified by the 3rd party, You can able to view our account history     More Then 1000 % Returns On Last 12 Months From Our Normal Pamm Managed Accounts ( All Our Profits are Verified By 3rd Party MyFxbook ) : - Join With Our Pamm Account Services    


Gbp/Usd : 20/02/2015 Technical Analysis Report

20th February 2015 CFX Admin

Our Preference: Sell below 1.5400 with target of 1.5270 in extension
Alternative Scenario: Buy above 1.5450 With tight Stoploss of 1.5380 ( But Today its Risky Entry )
 
Technical Commentary: In daily chart :- Pound was trading in between support and resistance levels, yesterday less volume of buyers to break key resistance line and its closed near lower trend line,
In 4 hours chart & 1 hour chart Gbp/Usd was broken lower trend line and intraday support levels,So its confirming that on selling side, we can sell near key resistance levels and expect upto next key suppot levels :- We have shown in image.


In daily chart and 4 hours chart,Usd/Chf was broken key resistance level and closed above last 2 days high and its showing conformation of buying trend ,so we can buy near key support level and we can hold upto next key resistance levels :- We have shown in above image.



In 4 hours chart & 1 hour chart Gbp/Usd was broken lower trend line and intraday support levels,So its confirming that on selling side, we can sell near key resistance levels and expect upto next key suppot levels :- We have shown in image.



In 4 hours chart & 1 hour chart Gbp/Usd was broken lower trend line and intraday support levels,So its confirming that on selling side, we can sell near key resistance levels and expect upto next key suppot levels :- We have shown in image.



Chat in Whatsapp

We are here to help you

Administrator

Online
Name*
Mobile*
Email ID*