Eur/Usd : 21/01/2015 Technical Analysis Report
21st January 2016
CFX Admin
Our Preference: Sell Below 1.0920 for the target of 1.0840 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- After testing the key resistance level of horizontal line and after testing upper trend line of the triangle pattern its was closed on lower side and it was trading in the triangle pattern 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 :- EurUsd was trading with lower trend line and its was trading in the sideways movement between key support level and key resistance level, so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour :- EurUsd was trading in the triangle pattern and trading near key resistance level of horizontal line and its was trading with lower trend line 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 : 20/01/2016 Technical Analysis Report
20th January 2016
CFX Admin
Our Preference: Sell Below 127.40 for the target of 126.50 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was trading near yearly low and it was trading in the triangle pattern today its was trading below the upper trend line 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 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 today its was 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 : 20/01/2016 Technical Analysis Report
20th January 2016
CFX Admin
Our Preference: Sell Below 1.0050 level for the target of 0.9980 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- UsdChf was trading in the triangle pattern and yesterday its tested the upper trend line and its came back and closed on lower side 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 :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading in the triangle pattern now its was trading below the upper trend line and trading below the key resistance level of horizontal line so we can sell near key resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was moving between key resistance level of upper trend line and key support level of lower trend line and now its trading below the intraday upper trend line so its confirming for the selling side so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.
Xau/Usd : 20/01/2016 Technical Analysis Report
20th January 2016
CFX Admin
Our Preference: Sell Below 1095 for the target 1078 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern and its was trading near the key resistance level of horizontal line and its trading below the upper trend line so today we can sell near key resistnace level of horizontal line and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart :- Gold was was trading in the sideways movement between key resistance level and key support level and now its was trading near key resistance level of horizontal line so we can sell near 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 triangle pattern and now its was trading near resistance level, if the resistance level breaks means we can except on buying side, so today we can sell near intraday resistance level and except upto next support levels :- which we have shown in attached image.
Gbp/Usd : 20/01/2016 Technical Analysis Report
20th 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 yesterday 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 broken the equidistant channel lines on lower side 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 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.
