XauUsd : 02/02/2017 Technical Analysis Report
3rd February 2017
CFX Admin
Our Preference: Sell Below 1222 for the target of 1200
Alternative Scenario: Nill
Technical Commentary: In Weekly chart :- Gold was trading below the key resistance level of horizontal line and last 2 week high acting as key resistance level so we can sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- Gold was broken the triangle pattern on lower side and its was trading near upper trend line and upper trend line acting as key resistance 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 :- Gold was trading in the range bound pattern 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.
In 1 Hour Chart :- Gold was trading in the equidistant channel lines and it was trading in the range bound pattern 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 : 02/02/2017 Technical Analysis Report
3rd February 2017
CFX Admin
Our Preference: Buy above 1.2500 for the target of 1.2600 levels
Alternative Scenario: Sell Below 1.2700 for the target of 1.2500
Technical Commentary: In Daily Chart :- GbpUsd was trading near upper trend line and its trading near last week high and upper trend line acting as key resistance level so we can sell near the upper trend line and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading near key resistance level so we can sell near the upper trend line and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was broken the lower trend line and its trading below the key resistance level so we can sell near the key resistance level and except upto next key support level :- which we have shown in attached image.
Usd/Chf : 02/02/2017 Technical Analysis Report
3rd February 2017
CFX Admin
Our Preference: Buy above 09980 for the target of 1.0050 levels
Our Preference: Sell Below 0.9960 for the target of 0.9920
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- UsdChf was trading in the equidistant channel line and its was trading below key support level of horizontal line so we can sell below key resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- UsdChf was trading in the equidistant channel line and its safely reached the lower trend line and still it was trading below the key support level of horizontal line and if breaks the key resistance means we can except buy off so we can keep stoploss above resistance level and we can go selloff and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the equidistant channel line and its was trading with lower trend line and its trades below the key support level of horizontal line so we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.
Eur/Usd : 02/02/2017 Technical Analysis Report
3rd February 2017
CFX Admin
Our Preference: Buy above 1.0750 for the target of 1.0810 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was broken triangle pattern on upper side of the trend line and its closed above the upper trend line and EurUsd next expectation towards next key resistance level of horizontal line 1.0800 levels so we can buy near key support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading in the equidistant channel lines and the range bound pattern was broken on upper side so its was confirming for buy side, we can buy near key support level and except upto next key resistance levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading in the equidistant channel lines and its trading with upper trend line and its trading above the key resistance of horizontal line so we can buy above the resistance level and except upto next key resistance levels :- which we have shown in attached image.
UsdChf : 01/02/2017 Technical Analysis Report
3rd February 2017
CFX Admin
Our Preference: Sell Below 0.9960 for the target of 0.9860
Alternative Scenario: Nill
Technical Commentary: In Daily Chart, 4 Hour Chart and 1 Hour Chart :- UsdChf was trading in the equidistant channel line and its was trading below the key support level of horizontal line so we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.
