Eur/Jpy : 13/02/2017 Technical Analysis Report
15th February 2017
CFX Admin
Our Preference: Sell below 121.10 for the target of 120.50 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading in the equidistant channel lines and last 10 days its was trading below the key resistance level of horizontal lineand its was trading in the range bound pattern, yesterday its closed on lower side bearish candle so we can sell below the key resistance level of horizontal and we can except upto next major key support level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- EurJpy was broken the triangle pattern on lower side and and new upper trend line was formed as key resistance so we can sell below the key resistance level of horizontal and we can except upto next major key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the triangle pattern and its trading below the key resistance level of horizontal line now its trading near the upper trend line so we can sell below the key resistance level of upper trend line and we can except upto next major key support level :- which we have shown in attached image.
XauUsd : 13/02/2017 Technical Analysis Report
15th February 2017
CFX Admin
Our Preference: Sell Below 1236 for the target of 1226 and 1218
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- In Gold new upper trend line was formed so now its was trading in the triangle pattern and upper trend line acting as key resistance levels so we can sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour chart :- Gold was broken the equidistant channel lines on lower side and its trading below the key resistance level of horizontal line so we can sell below the key resistance level of horizontal line and except upto next key support level :- which we have shown in attached image.
Gbp/Usd : 13/02/2017 Technical Analysis Report
15th February 2017
CFX Admin
Our Preference: Sell below 1.2530 for the target of 1.2430 levels
Alternative Scenario: Nill
Technical Commentary: In Weekly chart :- Gbpusd was trading with upper trend line and its trading below the key resistance level of horizontal line so we can sell near the upper trend line and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- GbpUsd was trading below the key resistance level of horizontal line and now its was trading in the range bound so we can sell below the resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- GbpUsd was trading in the triangle pattern and its trading below the key resistance level of horizontal line so we can sell below upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.
Usd/Chf : 13/02/2017 Technical Analysis Report
15th February 2017
CFX Admin
Our Preference: Buy above 1.0000 for the target of 1.0080 levels
Our Preference: Nill
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- UsdChf was trading in the equidistant channel line and UsdChf was broken the key resistance of horizontal line and we have got closing above the resistance level and its confirming for buying side, so we can buy above the key support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- UsdChf was broken the equidistant channel lines on upper side now its was trading in the new equidistant channel lines so we can buy near support levels and except upto next key resistance level :- which we have shown in attached image.
Eur/Jpy : 02/02/2017 Technical Analysis Report
3rd February 2017
CFX Admin
Our Preference: Sell below 122.00 for the target of 120.50 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading in the equidistant channel lines and its was trading in the range bound pattern and it was trading near key support level and the support level broken means we can except upto next major key support level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- EurJpy was trading in the triangle pattern and its trading near lower trend line, if lower trend line breaks means we can except upto next key support level :- which we have shown in attached image.
