Eur/Jpy : 14/06/2016 Technical Analysis Report
14th June 2016
CFX Admin
Our Preference: Sell Below 119.90 for the target of 118.80 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading below the upper trend line and its broken last week and last month low and its trading below the major key support levels and its trading below the short term upper trend line so today we can sell below the key resistance of upper trend line and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and its trading below the intraday upper trend line so today we can sell below the key resistance of upper trend line and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the triangle pattern if lower trend line broken means we will except further sell off so today we can sell near key resistance levels and except upto next key support level :- which we have shown in attached image.
Gbp/Usd : 14/06/2016 Technical Analysis Report
14th June 2016
CFX Admin
Our Preference: Sell Below 1.4200 for the target of 1.4050 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart and 4 Hour Chart :- GbpUsd was broken the lower trend line and its trading below the lower trend line of key support level so further we can except on selling side upto next support levels and we can sell near key resistance level and except upto next key support levels :- which we have shown in attached image.
In 1 Hour Chart :- Gbp/Usd was broken the lower trend line and key support level of horizontal line so we can sell below the key resistance 1.4200 level and except upto next key support level :- which we have shown in attached image.
Usd/Chf : 14/06/2016 Technical Analysis Report
14th June 2016
CFX Admin
Our Preference: Sell Below 0.9670 level for the target of 0.9580 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- Last 4 Days high was formed as key resistance level and last 4 days closing was below the key resistance level of horizontal line, so we can except on selling side to test upto lower trend line:- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance level and key support level so today we can except on selling side from key resistance level to next key support level :- which we have shown in attached image.
Xau/Usd : 14/06/2016 Technical Analysis Report
14th June 2016
CFX Admin
Our Preference: Sell Below 1284 for the target 1270 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was reached the key resistance level of 1282 levels , now 4th time gold was testing same resistance 1282 level of horizontal line so today we can except on sell side from the resistance level and except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- Gold was broken the equidistant channel line on lower side and its reached the key resistance level of horizontal line, so today we can except on sell side from the resistance level and except upto next key support levels :- which we have shown in attached image.
Eur/Usd : 14/06/2016 Technical Analysis Report
14th June 2016
CFX Admin
Our Preference: Sell Below 1.1300 for the target of 1.1220 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was trading in the equidistant channel lines and new upper trend line was formed as resistance line so its confirming for the range bound trade between uptrend line and lower trend line so we can sell below the key resistance of upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading in the triangle pattern so its confirming for the range bound trade between uptrend line and lower trend line so we can sell below the key resistance of upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.
In 1 Hour Chart :- Eur/Usd was trading in the triangle pattern and its was trading in the equidistant channel lines and its trading below the key resistance level so we can sell near key resistance level and except upto next key support level :- which we have shown in attached image.
