Xau/Usd : 18/12/2015 Technical Analysis Report
18th December 2015
CFX Admin
Our Preference: Sell Below 1066 for the target 1053 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the equidistant channel lines and yesterday Gold was closed on lower side as bearish candle and closed below the key support level so 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 In 1 Hour Chart :- :- Gold was trading in the equidistant channel lines and Gold was broken the key support level of horizontal line and we got closing below key support level and yesterday tested the key support 1048 levels so today we can sell near major resistance levels and except upto next key support levels:- which we have shown in attached image.
Gbp/Usd : 18/12/2015 Technical Analysis Report
18th December 2015
CFX Admin
Our Preference: Buy Above 1.4880 for the target 1.4970 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was tested the strong lower trend line and its tested the key support level so we can buy near support level and except next key resistance level:- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was broken the equidistant lower channel line and tested key support level so we can except on buying side from key support level of horizontal line upto next resistance level:- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was trading in the triangle pattern now its trading near lower trend line and but it was trading below the key support level of horizontal line so we can sell near the support level of horizontal line with tight stoploss and except upto next key support level :- which we have shown in attached image.
Eur/Usd : 18/12/2015 Technical Analysis Report
18th December 2015
CFX Admin
Our Preference: Sell Below 1.0870 for the target of 1.0780 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was broken the sideways movement on lower side and its broken the lower trend line, EurUsd was given conforming on selling side so we can sell below the upper trend line and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- EurUsd was trading in the sideways movement between key resistance and key support level now its tested the key support level of horizontal line and its tested previous support and now moving towards next resistance level If support level breaks means we can go head on selling side, In daily chart its conformed for selling side so we can sell near key resistance level and except upto next support levels :- which we have shown in attached image.
Eur/Jpy : 16/12/2015 Technical Analysis Report
16th December 2015
CFX Admin
Our Preference: Sell Below 133.60 for the target of 132.60 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- Yesterday EurJpy was closed on lower side as bearish candle and closed above the support level of horizontal line and its trading below new upper trend line so today we can sell near upper trend line of key resistance level and except upto next key support 132.60 level :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the short term and long term equidistant channel lines and now its trading near upper channel line equidistant channel line so we can sell near short term upper channel line of equidistant and except upto next key support levels :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel lines and now its trading near upper channel line equidistant channel line so we can sell near short term upper channel line of equidistant and except upto next key support levels :- We have shown in above image.
Usd/Chf : 16/12/2015 Technical Analysis Report
16th December 2015
CFX Admin
Our Preference: Buy above 0.9850 for the target of 0.9960 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- After tresting the lower trend line UsdChf closed on higher side as bullich candle and UsdChf was broken the sideways movement on upper side of resistance level so 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 :- Usd/Chf was broken the equidistant channel lines on upper side and its breaks the key resistance level of horizontal line so its confirming for buying side and its broken the sideways movement and its trading above resistance level so we can sell near resistance level and except upto next resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the the equidistant channel lines and its was trading near key support level of horizontal line so we can buy above the support level and except upto next key resistance level :- which we have shown in attached image.
