Technical Commentary: In Daily Chart :- Eur/Usd was broken the long term upper trend line and reached key resistance level of horizontal line and yesterday it was closed on higher side so its confirming for the buying side and today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- Eur/Usd broken the triangle pattern on upper side and also broken the sideways movement on upper side and broken the key resistance level of horizontal line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour :- EurUsd was trading in the equidistant channel line, yesterday it tested the upper trend line of equidistant channel lines and trading above the key resistance level of horizontal line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
PIPS COUNTER - SINCE JANUARY 2013 | ||
Total Trades | Total Pips | |
EUR / USD | 1135 | 10130 |
GBP / USD | 1054 | 10550 |
USD / CHF | 907 | 8945 |
EUR / JPY | 818 | 10435 |
XAU / USD | 1156 | 207955 |
TOTAL: 248015 |
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