Our Preference: Sell below 0.7760 for the target of 0.7640 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- CadChf was broken the triangle pattern on lower side and its broken the sideways movement of lower side, now the lower trend line of the triangle pattern acting as the key resistance level and its trading below the 23% Fibonacci retracement level, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
Our Preference: Buy Above 0.7530 for the target of 0.7630 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- AudUsd was came down from key resistance of previous lower trend line , the previous lower trend line acting as the key resistance level and AudUsd testing the key support level of lower trend line so we can keep stoploss below the lower trend line and we can go buy near key support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
Our Preference: Sell below 1.1010 for the target of 1.0930 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- AudNzd was trading in the triangle pattern and its trading below the key resistance level of horizontal line and its trading below the upper trend line and its broken the sideways movement on lower side so we can sell near key resistance level of horizontal line and except upto next key support level :- which we have shown in attached image.
Our Preference: Sell below 0.9700 for the target of 0.9620 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- AudCad was trading below the key support level, and its trading below the last 3 months low, AudCad was trading below the lower trend line and its trading in the equidistant channel line and we got closing below the key support level so we can except on selling side upto next key support levels:- which we have shown in attached image.
Our Preference: Sell below 1.1710 for the target of 1.1650 level with stoploss above 1.1740
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurChf was trading in the double top and EurChf was trading above the key support level of lower trend line,If lower trend line breaks means we can except heavy sell off, so we can sell near double top of resistance level with stoploss above double top and except upto next key support levels:- 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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