Xau/Usd : 22/12/2015 Technical Analysis Report
22nd December 2015
CFX Admin
Our Preference: Sell Below 1080 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Yesterday Gold was tested upper trend line and it was closed on higher side and it was trading in the sideways movement between key resistance and key support level now its was trading below the key resistance of upper trend line so today we can except on selling side from upper trend line to next support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Gold was trading with upper trend line and it was trading in the sideways movement between key resistance and key support level so we can sell near upper trend line of resistance level and except upto next key support levels :- which we have shown in attached image.
Gbp/Usd : 22/12/2015 Technical Analysis Report
22nd December 2015
CFX Admin
Our Preference: Sell Below 1.4930 for the target 1.5850 levels.
Alternative Scenario: Nill.
Technical Commentary :- In Daily Chart :- GbpUsd was closed on lower side as bearish candle and closed below the previous support low so its confirming for the selling side so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- GbpUsd was trading in the sideways movement between key resistance level and key support level and it was trading in the triangle pattern now it was trading near upper trend line and trading near resistance level so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.
Eur/Usd : 22/12/2015 Technical Analysis Report
22nd December 2015
CFX Admin
Our Preference: Sell Below 1.0960 for the target of 1.0800 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was trading with upper trend line and it was trading below the key resistance level of horizontal line and Yesterday its was closed as bullish candle on higher side so today we can except upto upper trend line and then we can sell near upper trend line except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading in the equidistant channel line and trading below key resistance level of horizontal line and it was trading near upper channel line so we can sell near upper channel line and key resistance level of horizontal line and except upto next key support levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and it was trading near upper channel line of key resistance so we can sell near upper channel line and except upto next key support levels :- which we have shown in attached image.
Eur/Jpy : 21/12/2015 Technical Analysis Report
21st December 2015
CFX Admin
Our Preference: Sell Below 132.40 for the target of 131.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and its was broken the triangle pattern on lower side and its conforming for the selling side so we can sell near resistance level and except upto next key support level :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading with the upper trend line and now its was trading below the upper trend line so we sell below upper trend line and except upto next key support level of horizontal line :- We have shown in above image.
In 1 Hour chart :- EurJpy was broken the key support level and its was trading in the equidistant channel line and now its trading below the key support level so we can sell near resistance level and except upto next key support level :- We have shown in above image.
Usd/Chf : 21/12/2015 Technical Analysis Report
21st December 2015
CFX Admin
Our Preference: Buy Above 0.9900 level for the target of 0.9990 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- Yesterday UsdChf was trading with the lower trend line and its trading above the key resistance level so we can buy above the key 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 :- Usd/Chf was trading in the sideways movement between key resistance and key support levels and its was trading in the triangle pattern so we can buy near support level and except upto next resistance level :- which we have shown in attached image.
