Xau/Usd : 15/12/2015 Technical Analysis Report
15th December 2015
CFX Admin
Our Preference: Sell Below 1066 for the target 1053 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- yesterday Gold was closed on lower side as bearish candle and closed below the key support level, its given conformation for selling side so we can except on selling side upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Yesterday Gold was broken the lower trend line and its closed below the key support level of horizontal line and its trading in the sideways movement between key resistance level and key support levels and now its was trading near previous broken lower trend line so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
Gbp/Usd : 15/12/2015 Technical Analysis Report
15th December 2015
CFX Admin
Our Preference: Buy Above 1.5120 for the target 1.5220 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was trading with long term and short term upper trend line and yesterday its tested the key support level of horizontal line so we can buy above the ksy support level and except upto upper trend line and next resistance level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading in the equidistance channel lines and its was trading in the sideways movement between key resistance level and key support level so today we can buy support level of horizontal line and except upto next key 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 key support level of horizontal line so we can buy above the support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.
Eur/Usd : 15/12/2015 Technical Analysis Report
15th December 2015
CFX Admin
Our Preference: Buy Above 1.1000 for the target of 1.1100 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was trading below the short term upper trend line and its trading below the key resistance 1.1100 level, If today upper trend line breaks means we except upto next resistance level so we can above upper trend line and except upto next resistance levels :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading near the upper equidistant channel line and trading above the key resistance level of horizontal line and now its trading in the triangle pattern and its trading near lower trend line, so its conforming for the buying zone so we can buy near key support level and except upto next resistance levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading in the trading pattern and its trading near upper trend line so if the upper trend line breaks means we except upto next resistance level so we can above upper trend line and except upto next resistance levels:- which we have shown in attached image.
Eur/Jpy : 14/12/2015 Technical Analysis Report
14th December 2015
CFX Admin
Our Preference: Sell Below 133.40 for the target of 132.50 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and yesterday it was closed lower side as bearish candle and closed below the key support level of horizontal line so today we can except on selling side :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and trading near upper trend line so we can sell below upper channel line and except upto next key support levels :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading below the upper trend line and now its trading below key support level so we can sell near intraday resistance level and except upto key support level :- We have shown in above image.
Usd/Chf : 14/12/2015 Technical Analysis Report
14th December 2015
CFX Admin
Our Preference: Buy Above 0.9830 level for the target of 0.9920 levels.
Alternative Scenario: Sell Below 0.9800 for the target of 0.9700 levels.
Technical Commentary : In Daily Chart :- Yesterday UsdChf was trading above the lower trend line and its trading below key resistance leve, 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 below the key resistance level so we can buy near lower trend line by keeping stoploss below last week low and except upto next resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading below upper trend line and its trading in the sideways movement between key resistance and key support level so we have to wait until break out points.
