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Gbp Usd : 10/06/2014 Technical Analysis Report

10th June 2014 CFX Admin

Our Preference: Short Positions Below 1.6820 with target of 1.6760 & 1.6700 in extension
Alternative Scenario: Nill Upto closing above the resistance level 1.6840 today If we got closing above the key resistance level of 1.6840 means then we will consider for buying so upto that kindly go on sell side
 
Technical Commentary: On daily chart yesterday it tested upper resistance line and its tested previous long term lower trend line, so its confirming that bearish trend.
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Eur/Usd : 10/06/2014 Technical Analysis Report

10th June 2014 CFX Admin

Our Preference: Long Positions Above 1.3580 with target of 1.3670 & 1.3700 in extension
Alternative Scenario: Nill Upto Today closing
 
Technical Commentary: In daily chart Eur/Usd was trading in lower trend line as support and major key support level is formed .
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EurJpy : 09/06/2014 Technical Analysis Report

9th June 2014 CFX Admin

Our Preference: Short Position Below 140.00 with target of 139.50 & 139.00 in extension ( Risky Entry ) Now Trading around 139.81
Alternative Scenario: Long Position above 140 level Keep stoploss Below 139.50
 
Technical Commentary: On 4 hour chart its trading in key resistance for intraday it may trade between resistance 140.00 to support 139.00
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Gold ( Xau / Usd ) : 09/06/2014 Technical Analysis Report

9th June 2014 CFX Admin

Our Preference: Long Positions Above 1257 with target of 1262 & 1280 in extension keep stoploss below 1248 & 1240
Alternative Scenario: Nill Wait upto closing Below the support level of 1240
 
Technical Commentary: In 4 Hours its trading inside the triangle pattern today we can except to break upper side and may to continus upto key resistance levels
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Gbp Usd : 09/06/2014 Technical Analysis Report

9th June 2014 CFX Admin

Our Preference: Short Positions Below 1.6840 with target of 1.6810 & 1.6770 in extension
Alternative Scenario: Nill Upto closing above the resistance level 1.6840 .Today If we got closing above the key resistance level of 1.6840 means then we will consider for buying so upto that kindly go on sell side
 
Technical Commentary: On 4 hours chart its tested upper resistance line and key resistance and for intraday its trading around symmetrical triangle pattern
Our subscribers are receive new FOREX SIGNALS for (GBP/USD)