Our Preference: Sell below 1.1120 for the target of 1.1000 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, Previous high acting as key resistance level, 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 0.6900 for the target of 0.6820 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Last week before NzdChf was broken the triangle pattern on lower side and now the previous lower trend line acting as major key resistance level so we can sell below the previous lower trend line key resistance level and except upto next key support level :- which we have shown in attached image.
Our Preference: Buy above 1263 for the target of 1282 levels
Alternative Scenario: Sell below the 1258 for the target 1242 and 1235
Technical Commentary: In Daily Chart :- XauUsd was trading in the triangle pattern, Now its trading near lower trend line and previous two major key support level of lows are acting as major key support levels of horizontal line and its trading above the 62% retracement levels, so we can buy near intraday key support level and except upto next key resistance level :- which we have shown in attached image.
Our Preference: Sell below 1.1645 for the target of 1.1545 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Last week before EurUsd was broken the triangle pattern on lower side and last 6 days high acting as major key resistance level and now last 2 lows of key support levels acting as major resistance level, so we can sell below the intraday key resistance level and except upto next key support level :- which we have shown in attached image.
Our Preference: Sell below 133.00 for the target of 131.40 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading in the sideways movement, and it was formed double top in daily chart and today its trading below the resistance level of 133.00 horizontal line and last friday closing was on lower side as bearish candle, so its confirming for the selling side, we can sell below the key resistance level and except upto next key support level of 23% of retracement level :- 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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