Our Preference: Sell below 1.1660 for the target of 1.1600 and 1.1500 levels with stoploss of 1.1730
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurChf was formed the double top and its closed on lower side and its broken the major key support level of horizontal line 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: Sell below 1.5080 for the target of 1.4940 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- In Daily Chart EurCad was formed new upper trend line and now its started to trading in the triangle pattern so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
Our Preference: Sell Below 113.70 for the target of 112.90 level
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Last week ChfJpy was broken the triangle pattern on lower side and its broken the major previous key support low level and last week we got closing on lower side as bearish candle 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: Sell below 0.7760 for the target of 0.7640 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Last week CadChf was broken the triangle pattern on lower side and last week we got closing on lower side as bearish candle and we got closing 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: Sell below 0.9700 for the target of 0.9630 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Last week AudCad was broken the lower trend line and its broken the major key support level of horizontal line and last week we got closing on lower side as bearish candle so today we can except on selling side 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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