Eur/Usd : 14/01/2016 Technical Analysis Report
14th January 2016
CFX Admin
Our Preference: Buy Above 1.0850 for the target of 1.0990 levels
Alternative Scenario: Sell Below 1.0800 for the target of 1.0720 levels
Technical Commentary: In Daily chart :- Yesterday EurUsd was trading in the triangle pattern and yesterday it was tested the key support level of horizontal line and yesterday it was closed on higher side as bullish candle and its was trading near upper trend line if upper trend line breaks means we except on buying zone , today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart : EurUsd was trading in the triangle pattern and its was trading in the sideways movement between key support level and key resistance level,After testing the support level its was bounced back now it was trading near upper trend line if upper trend line breaks means we except on next key resistance levels :- which we have shown in attached image.
Usd/Chf : 12/01/2016 Technical Analysis Report
12th January 2016
CFX Admin
Our Preference: Buy Above 0.9950 level for the target of 1.0100 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart and 4 Hour Chart :- UsdChf was trading in the triangle pattern and Usd/Chf was trading in the sideways movement between key resistance and key support levels and yesterday it was closed as bullish candle so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with upper trend line and trading with key support level of horizontal line in the equidistant channel lines and its was trading with the key support level of horizontal line now its was trading near upper channel line so we can sell near upper channel line and except upto key support levels line :- which we have shown in attached image.
Xau/Usd : 12/01/2016 Technical Analysis Report
12th January 2016
CFX Admin
Our Preference: Sell Below 1099 for the target 1088 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern, yesterday it was closed below the resistance level of horizontal line and its closed as bearish candle so today we can sell near key resistance level and except upto next support level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- Gold was trading below the resistance level and its was trading in the sideways movement between key resistance level and key support level so we can sell near resistance level of horizontal line and except upto next key support levels :- which we have shown in attached image.
Gbp/Usd : 12/01/2016 Technical Analysis Report
12th January 2016
CFX Admin
Our Preference: Sell Below 1.4550 for the target 1.4450 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was trading in the equidistant channel lines and yesterday its was closed on lower side and its was trading 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 and 1 Hour Chart :- GbpUsd was trading in the equidistant channel lines and its trading with intraday upper trend line so we can sell near intraday upper trend line and except upto next support levels :- which we have shown in attached image.
Eur/Usd : 12/01/2016 Technical Analysis Report
12th January 2016
CFX Admin
Our Preference: Sell Below 1.0900 for the target of 1.0800 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart and 4 Hour Chart :- Yesterday EurUsd was inside the triangle pattern and now its trading near upper line of the triangle pattern so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was tested upper trend line and it was trading in the equidistant channel line and if lower channel line breaks means we can except sell off upto next key support level :- which we have shown in attached image.
