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Gbp Usd : 04/07/2014 Technical Analysis Report

4th July 2014 CFX Admin

Our Preference: Buy above 1.7130 With the Target of 1.7200 stoploss of 1.7070
Alternative Scenario: Nill Upto closing below 1.7000
 
Technical Commentary: In 1 hour chart gbpusd was trading above the key resistance Level 1.7100 and it was trading in yearly high and above last week high , so always keep move on with stop loss with the buying trend.
Our subscribers are receive new FOREX SIGNALS for (GBP/USD) 


Eur/Usd : 04/07/2014 Technical Analysis Report

4th July 2014 CFX Admin

Our Preference: Long positions above 1.3580 with target of 1.3620 & 1.3650 in extension
Alternative Scenario: Sell below 1.3620 ,target 1.3580 With tight Stoploss of 1.3650
 
Technical Commentary: In Weekly chart Euro was trading below last week High and key support levels,
In 4 hours chart and 1 hour chart, Yesterday Euro breaks the lower trend line and breaks the key support line now that support line was acting as resistance line ,so today we can except range bound trading between resistance and supports levels 1.3580 to 1.3650.
Our subscribers are receive new FOREX SIGNALS for (EUR/USD


Usd/Jpy : 03/07/2014 Technical Analysis Report

3rd July 2014 CFX Admin

Our Preference: Short position below 102 with target of 101.60 stoploss below 102.40
Alternative Scenario: Nill
 
Technical Commentary: On 4 hours chart its trading in triangle pattern now it was trading near upper trend line, So future we can except some lower level upto key support levels @101.40 & 101.20.
Our subscribers are receive new FOREX SIGNALS for ( Usd/Jpy )


Gold ( Xau / Usd ) : 03/07/2014 Technical Analysis Report

3rd July 2014 CFX Admin

Our Preference: Long position above or @ 1318 target of 1326 & 1330 with stoploss below 1311.
Alternative Scenario: Nill upto daily closing below 1310 Levels
 
Technical Commentary : Weekly gold was trading above last week high & key resistances, Daily chart was trading above key resistance line.
Our subscribers are receive new FOREX SIGNALS for (Xau/Usd)


Gbp Usd : 03/07/2014 Technical Analysis Report

3rd July 2014 CFX Admin

Our Preference: Buy above 1.7130 With the Target of 1.7160 stoploss of 1.7090
Alternative Scenario: Nill Upto closing below 1.7000
 
Technical Commentary: In 1 hour chart gbpusd was trading in the triangle pattern and it was trading in yearly high and above last week high , so always keep move on with stop loss with the buying trend.
Our subscribers are receive new FOREX SIGNALS for (GBP/USD)