Usd/Chf : 29/12/2015 Technical Analysis Report
29th December 2015
CFX Admin
Our Preference: Buy Above 0.9870 level for the target of 0.9950 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- UsdChf was trading in the triangle pattern and now its trading near the lower trend line and last 4 days acting as the major key support level and it was trading below key resistance level of horizontal line,If the key resistance of horizontal line breaks means we can except on buying side so today we can expect on buying side from support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance and key support levels and its trading near lower trend line and trading above the key support level of horizontal line so we can buy near lower trend line and except upto next resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the triangle pattern and it was trading near lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .
Xau/Usd : 29/12/2015 Technical Analysis Report
29th December 2015
CFX Admin
Our Preference: Sell Below 1076 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and yesterday its was closed below the resistance level of horizontal line and trading below the upper trend line so today we can sell near upper trend line and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart :- Gold was trading in the intraday triangle pattern and Gold trading in the sideways movement between key resistance level and key support levels and now its was trading near key resistance level of upper trend line, so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
In 1 Hour Chart :- Gold was broken the triangle pattern lower side so its confirming for the selling side and now its was trading near key resistance level of lower trend line so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
Eur/Usd : 29/12/2015 Technical Analysis Report
29th December 2015
CFX Admin
Our Preference: Sell Below 1.0990 for the target of 1.0900 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was trading below the upper trend line and its trading below the key resistance of horizontal line and last 4 days high acting as major resistance level and its was trading in the sideways movement between key resistance level and key support level and its was trading with lower trend line If lower trend line breaks means we can except on selling side and except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the triangle pattern and its was trading below key resistance level of horizontal line and now its trading near previous resistance high and its trading below the upper trend line and it was trading with new lower trend line so we can sell near key resistance level of upper trend line and except upto next support level:- which we have shown in attached image.
Eur/Jpy : 28/12/2015 Technical Analysis Report
28th December 2015
CFX Admin
Our Preference: Sell Below 132.00 for the target of 133.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart and 4 Hour Chart :- EurJpy was trading with upper trend line and EurJpy was trading in the triangle pattern and its tested the lower trend line and now its moving towards upper trend line of triangle pattern so today we can except on buying side :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel line and its was bounced back from lower channel line so we can except on buying side from support level to next key resistance level :- We have shown in above image.
Usd/Chf : 28/12/2015 Technical Analysis Report
28th December 2015
CFX Admin
Our Preference: Buy Above 0.9870 level for the target of 0.9950 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- UsdChf was trading near the lower trend line and its trading below key resistance level, If key resistance of horizontal line breaks means we can except on buying side so today we can expect on buying side from support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance and key support levels and its trading near lower trend line and trading above the key support level of horizontal line so we can buy near lower trend line and except upto next resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with lower trend line and we got closing above the lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .
