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Eur/Usd : 01/12/2015 Technical Analysis Report

1st December 2015 CFX Admin

Our Preference: Sell below 1.0600for the target of 1.0530 levels.
Alternative Scenario: Nill
 
Technical Commentary: In Weekly Chart :- EurUsd was the trading in the equidistant channel lines and EurUsd was trading near march month low and last two weeks its closed as bearish candle so we can sell near upper trend line and we can except on selling side :- which we have shown in attached image.
 In Daily chart :- EurUsd was trading in the Equidistant channel lines and yesterday its closed on lower side with bearish candle and its trading below the key resistance level on horizontal line so we can sell near resistance level of horizontal line :- which we have shown in attached image.
In 4 Hour chart :-  EurUsd was trading in the equidistant channel lines and its trading below the resistance level of horizontal line so we can sell near upper trend line and except except upto next support levels :- which we have shown in attached image.
In 1 hour chart :- Eur/Usd was trading in the triangle pattern and its trading near upper trend line so we can go head on selling side near upper trend line :- which we have shown in attached image.


Technical Commentary: In Weekly Chart :- EurUsd was the trading in the equidistant channel lines and EurUsd was trading near march month low and last two weeks its closed as bearish candle so we can sell near upper trend line and we can except on selling side :- which we have shown in attached image.



In Daily chart :- EurUsd was trading in the Equidistant channel lines and yesterday its closed on lower side with bearish candle and its trading below the key resistance level on horizontal line so we can sell near resistance level of horizontal line :- which we have shown in attached image.



In 4 Hour chart :- EurUsd was trading in the equidistant channel lines and its trading below the resistance level of horizontal line so we can sell near upper trend line and except except upto next support levels :- which we have shown in attached image.



In 1 hour chart :- Eur/Usd was trading in the triangle pattern and its trading near upper trend line so we can go head on selling side near upper trend line :- which we have shown in attached image.



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