Eur/Usd : 29/01/2016 Technical Analysis Report
29th January 2016
CFX Admin
Our Preference: Sell Below 1.0950 for the target of 1.0880 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Eur/Usd was trading in the triangle pattern and yesterday its was tested the upper trend line and closed below the key resistance level of horizontal line and its was trading in the sideways movement between key resistance level and key support level so today 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 Chart :- Eur/Usd was trading in the triangle pattern and yesterday its was tested the upper trend line and its was trading in the sideways movement between key resistance level and key support level so today we can sell below the resistance level and except upto next key support level:- which we have shown in attached image.
In 1 Hour :- EurUsd was trading in the equidistant channel line and its trading near upper channel line and its was trading in the sideways movement between key resistance level and key support level so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
Eur/Jpy : 21/01/2016 Technical Analysis Report
21st January 2016
CFX Admin
Our Preference: Sell Below 127.50 for the target of 126.50 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was started to move towards last year low and it was trading in the triangle pattern and yesterday its was closed on lower side and as bearish candle so we can except on selling side and we can sell near resistance level and except upto next key support levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was broken the triangle pattern on lower side so we can except on selling zone and we can sell near resistance level of previous lower trend line and except upto next key support level :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading below the upper trend line and its broken the support level of horizontal line so its confirming for the selling side so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.
Usd/Chf : 21/01/2016 Technical Analysis Report
21st January 2016
CFX Admin
Our Preference: Sell Below 1.0060 level for the target of 0.9990 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart and 4 Hour Chart :- UsdChf was trading in the triangle pattern and yesterday its tested the upper trend line and its was trading in the sideways movement between key resistance and key support levels now its was trading near upper trend line so we can sell near 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 :- UsdChf was trading between key resistance level of upper trend line and key support level of lower trend line and so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.
Xau/Usd : 21/01/2016 Technical Analysis Report
21st January 2016
CFX Admin
Our Preference: Buy Above 1099 for the target 1112 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Yesterday Gold was closed above the key resistance level of horizontal line and its was trading near the key support level of horizontal line so today we can buy near key support level of horizontal line and except upto next resistance levels :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- Gold was broken the sideways movement on upper side now previous resistance acting as key support level so we can buy near support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.
Gbp/Usd : 21/01/2016 Technical Analysis Report
21st January 2016
CFX Admin
Our Preference: Sell Below 1.4200 for the target 1.4100 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was broken the equidistant channel lines on lower side and GbpUsd was closed below the 2010 year low so its confirming for the selling side, so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading with upper trend line and its trading below the resistance level of horizontal level, so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was trading in the equidistant lines and now its was trading near resistance level of horizontal line so we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.
