Usd/Chf : 15/03/2016 Technical Analysis Report
15th March 2016
CFX Admin
Our Preference: Sell Below 0.9900 level for the target of 0.9800 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- Last 2 Days UsdChf was closed below the key resistance level and its was trading in the new triangle pattern so we can sell near last 2 days high or we can sell near the key resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- After testing the upper trend line Eur/Usd moving towards the key support level of horizontal line broken so we can sell near intraday key resistance level and except upto next key support level :- 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 sideways movement so we can sell near intraday key resistance level and except upto next key support level :- which we have shown in attached image.
Xau/Usd : 15/03/2016 Technical Analysis Report
15th March 2016
CFX Admin
Our Preference: Sell Below 1244 for the target 1200 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Gold was tested the long term equidistant upper channel line and new upper trend line was formed and last week after the upper trend line its came back and closed on lower side as bearish candle and yesterday its broken the key support level so this week we can except on selling side upto next key support level of horizontal line.
In Daily Chart :- Yesterday gold was broken the key support level of lower trend line and closed below the lower trend line and its closed as bearish candle so today we can except sell off from the intraday resistance level upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- Gold was broken the lower trend line of key support level and its was trading below the key support level and now this key support level acting as key resistaace 1244 level so we can except on selling side below 1244 upto next key support 1200 levels :- which we have shown in attached image.
Eur/Jpy : 15/03/2016 Technical Analysis Report
15th March 2016
CFX Admin
Our Preference: Sell Below 125.50 for the target 124.50 levels.
Alternative Scenario: Buy Above 124.30 for the target 125.80 levels.
Technical Commentary :- In Daily Chart :- EurJpy was trading in the equidistant channel line and yesterday in daily chart EurJpy was closed like as bearish engulfing pattern and its was trading below the key resistance level of horizontal line so today we can sell near intraday resistance level 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 line and its moving towards the key support level of horizontal line and lower trend line so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the equidistant channel line and its trading near new lower trend line if the lower trend line breaks means we will except upto next lower trend line of equidistant channel line so we can sell below the lower trend line and except upto next key support level :- which we have shown in attached image.
Eur/Usd : 15/03/2016 Technical Analysis Report
15th March 2016
CFX Admin
Our Preference: Buy Above 1.1060 for the target of 1.1160 levels
Alternative Scenario: Nill
Technical Commentary: In Weekly Chart :- Last week EurUsd was closed on higher side as bullish candle and closed above the key resistance 1.1090 levels so its confirming for the buying side and its was trading in the triangle pattern so we can buy near key support level and except upto next key resistance level :- which we have shown in attached image.
In Daily Chart :- Last 2 Days Eur/Usd was closed above the key resistance level and its was trading in the new triangle pattern and its trading above the key resistance level of horizontal line so we can buy near last 2 days low or we can buy near the key support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- After testing the upper trend line Eur/Usd moving towards the key support level of horizontal line so we can buy near key support level and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour Chart :- Eur/Usd was trading in the triangle pattern and its was trading above the key resistance level so we can buy near key support level and except upto next key resistance level :- which we have shown in attached image.
Usd/Chf : 25/02/2016 Technical Analysis Report
25th February 2016
CFX Admin
Our Preference: Sell Below 0.9900 level for the target of 09820 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- New upper trend line was formed on UsdChf and UsdChf was closed below the resistance level as bearish candle so further we can except on selling side and we can sell near intraday 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 triangle pattern and now it was trading near upper trend line so further we can except on selling side and we can sell near intraday resistance level 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 yesterday its was broken the sideways movement on lower side and it was trading below the resistance level so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
